This means that the new-built vehicles will burn fossil fuels for decades to come.
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I still don’t see it personally. Like I literally mean I agree with you but I just don’t see people (Nationwide) in my industry buying them and not so much, it doesn’t happen, or it’s not possible.
I don’t doubt you that it’s not happening in your circle. It’s pretty definitely happening though:
Sales of America’s No. 1 selling electric truck, the F-150 Lightning, totaled 15,645 through June of this year. F-150 Lightning sales for Q2 totaled 7,902, up 77 percent from a year ago.
Rivian Automotive, Inc. (NASDAQ: RIVN) today announced production and delivery totals for the quarter ending June 30, 2024. The company produced 9,612 vehicles at its manufacturing facility in Normal, Illinois and delivered 13,790 vehicles during the same period.
Now…Ford doesn’t appear to be trying to scale up and Rivian is, so I expect this to change in the future. But it’s definitely a lot that are selling.