No, EV sales aren’t plummeting. They’re actually poised to grow in 2024

Summary

1. 2021 federal infrastructure law hasn't fully addressed charging infrastructure challenges.
2. 2024 could see annual EV sales growth exceed 30%.
3. 2023 saw 1.19 million EVs sold.
4. Petrol prices are influencing EV demand.

References

• Media Check: Fast Company Media Bias/Fact Check (HIGH CREDIBILITY)
• Collections |The Runway (airforce.gov.au)
• ADDITIONAL READING RAAF RUNWAY (PME)
• RAAF RUNWAY: RATIONALE, GUIDELINES, LEARNING OUTCOMES, ETC