Electric Vehicle Adoption:

Unveiling

the Trend

Niki Mirabet  -  July, 2023

Objectives

1. How big are EV sales world wide
2. Leading countries
3. Estimate the adoption curve to answer:
   1. What trend will EV sales follow
   2. When will EV sales reach 100%

New York City, 1900

New York City, 1913

20th century adoption curves

In 1962, Rogers publishes the

Diffusion of Innovations Theory

Electric Vehicle Sales Are Growing Exponentially

Adoption 'S' Curves Are CDF curves

CDF =