There is also the issue of price. I don't see 25% market adoption rates unless the price comes down significantly.
It is entirely possible to buy a $25k ICE car that is pretty nice. In order to get EV adoption, you need a similar or lessor price point. Musk keeps saying there will be a $25k car, but I don't see it in 10 years. Not available for the masses.
The production rates are impressive, and the percentage increases are nice, but in comparison to actual vehicle production, the numbers are still small.
Would be great though. Mass adoption of EVs would mean battery technology has improved significantly and that has potential for impacting a lot of industries.
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