Where do you see that electric car sales are only 3% of all cars sold?

Where do you see that electric car sales are only 3% of all cars sold?

Investor Asked on March 14, 2021 in Real Estate.
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According to Statistics Canada, electric and plug-in hybrid sales grew from less than one per cent of all light-duty sales in 2015 and 2016, to one per cent in 2017, two per cent in 2018, and2.7 per cent in 2019. Story from Nov. 7, 2020. (There was also a report that electric vehicle sales fell sharply in Q2 2020). Do not read too much into my answer. When I state this fact…that is all it is. I agree that when Volvo and Jaguar are going all electric … those percentages will change… But really? Imagine we went to 100%. Where would we get the power? Without oil? You better hope that sales stay low as we mosey along on our way to the – whatever – future.

Guru Answered on March 14, 2021.
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