EV GLOBAL SALES UPDATE 1H2019 WITH MY ANALYSIS, TOYOTA RAV4 PHEV AND MORE!

EV Channels Review

This episode of EV Revolution Show delves into the global EV sales figures for the first half of 2019, offering a grounded analysis that contrasts with overly optimistic predictions. Host Kenneth Burke highlights a 46% year-over-year increase but cautions that the rate of growth is slower than many anticipate, attributing this to factors like diminishing incentives, the lack of cost parity between EVs and ICE vehicles (estimated to be 4-7 years away), battery supply constraints, and insufficient consumer education and government support. The review also touches on the upcoming Toyota RAV4 Plug-in Hybrid, slated for the 2021 model year, which is seen as a positive step for Toyota's electrification efforts. The show concludes with a heartwarming viewer testimonial about transitioning their family to EVs, underscoring the impact of such content.