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There’s something that’s often lost in discussions about tech adoption trends, and in particular when it comes to something we cover a lot, electric vehicle sales trends: it’s not a straight, consistent line upward. There are ups and downs. When adoption jumps up fast, those of us bullish on the transition get extra excited and bullish. When the adoption trend slows, people who prefer a more conservative “nothing is really ever going to change” story get to say, “See, the revolution ain’t happenin’!”
Those ups and downs in the adoption trends are often driven, at least in part, by the reality of how a market actually evolves. As consumer demand rises, production capacity has to rise. When demand has risen quite a bit and production capacity growth hasn’t kept up,…
Read the full article originally published at cleantechnica.com.