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If you don't see EV purchases climbing rapidly, is that because you think people will stop buying cars entirely or because you think they'll revert to buying ICE vehicles?


EVs are still a small percentage of all new vehicle sales. Even if there is a drastic reduction in new vehicle sales (probably unlikely even in the event of a nasty recession), presumably the reduction in sales will primarily be from the ICE part of the market, not the EV side, which will continue to grow since it is still so small, and clearly everyone wants an EV.


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