EV Sales Growth is Gone

Briton Ryle

Written By Briton Ryle

Posted May 21, 2024

EV Goldman

This chart from Goldman Sachs pretty much says it all about the Electric Vehicle (EV) market. I suppose you could argue that China still has an upward trajectory. But that series of lower highs for Europe is concerning. And the rounding top for U.S. EV sales sure looks like it’s heading lower. Even if the EV sales line levels out for the U.S. market, that’s not growth. It shouldn’t be a surprise to see Ford and GM further delay rollouts, which ironically, might be good news for Tesla and Rivian…



 Briton Ryle
Chief Investment Strategist
Outsider Club

X/Twitter: https://twitter.com/BritonRyle