I also publish another daily substack, “One Minute of Data Today.”
It is a quick 1-3 minute read of interesting data that I come across - it usually includes graphs from the source. If you love data, statistics, and finding the issue with common data representations in the news - you will enjoy it.
EV (electric vehicles) new vehicle sales now total 10% of all sales worldwide. This is a significant milestone. The graphs below tell an interesting story; few EV manufacturers and China is the largest market.
EV sales in the US are 5.8% of sales (3.2% the previous year)
Ford is the second-largest manufacturer of EVs in the US
GM, VW, and Nissan all lost EV market share last year
New Car sales fell 1% last year - worldwide, including both fuel and EV
Several factors are driving these numbers, including gov’t regulation, subsidies (Europe reduced some significantly at the end of the year), and more models entering to compete with Tesla. Regardless, consumer demand for EVs is increasing.
What interesting observations about the data can you pick out? What is missing (there is almost always data missing)?
In 2023, one out of every three vehicles sold in China will be electric. Note that China subsidizes EVs so that the price difference between fuel cars and EVs is nil. I would be interested in what they are doing to support this infrastructure demand. Observation; China has only one standard for EV plugs and payment systems - the US has three. We will see issues with inadequate infrastructure to charge these vehicles - what is your prediction?
Wall Street Journal, 01172023, Page A1, William Boston
An invite for my readers...
An invite for my readers...
An invite for my readers...
I also publish another daily substack, “One Minute of Data Today.”
It is a quick 1-3 minute read of interesting data that I come across - it usually includes graphs from the source. If you love data, statistics, and finding the issue with common data representations in the news - you will enjoy it.
Here is an example of the latest daily article:
EV Vehicles now 10% of Global Sales...
EV (electric vehicles) new vehicle sales now total 10% of all sales worldwide. This is a significant milestone. The graphs below tell an interesting story; few EV manufacturers and China is the largest market.
EV sales in the US are 5.8% of sales (3.2% the previous year)
Ford is the second-largest manufacturer of EVs in the US
GM, VW, and Nissan all lost EV market share last year
New Car sales fell 1% last year - worldwide, including both fuel and EV
Several factors are driving these numbers, including gov’t regulation, subsidies (Europe reduced some significantly at the end of the year), and more models entering to compete with Tesla. Regardless, consumer demand for EVs is increasing.
What interesting observations about the data can you pick out? What is missing (there is almost always data missing)?
In 2023, one out of every three vehicles sold in China will be electric. Note that China subsidizes EVs so that the price difference between fuel cars and EVs is nil. I would be interested in what they are doing to support this infrastructure demand. Observation; China has only one standard for EV plugs and payment systems - the US has three. We will see issues with inadequate infrastructure to charge these vehicles - what is your prediction?
Wall Street Journal, 01172023, Page A1, William Boston
one minute of Today's Data