Evidence of a cascading positive tipping point towards electric vehicles
nature.com·7h
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Abstract

Electric vehicles have recently seen rapid innovation, decline in cost and a rise in popularity. Past a tipping point where uptake becomes self-propelling, electric vehicles could irreversibly replace internal combustion engine vehicles, as industry discontinues conventional production chains. Here we provide evidence that this tipping point has occurred or lies within the next few years in lead markets of the European Union and China, and potentially the United States, which could spill out into peripheral vehicle markets across the rest of the world. The historical evidence shows a sudden decline in conventional vehicle sales starting around 2019 concurrent to a rapid rise in sales of electric vehicles. Critically, we observe a loss of resilience of the incumbent technol…

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