Doron Myersdorf’s Post

What can we learn from the insightful framework of the classic S-curve of technology adoption to shed light on the trajectory of Electric Vehicle (#EV) adoption globally? Here are the key takeaways: - Early Adoption Phase: Despite the acceleration in EV adoption, it remains in the nascent stages, indicating a gradual yet upward trajectory towards mainstream acceptance. Tesla as a case in point! - Anticipated Rapid Growth: With advancements in EV technology leading to price reductions and an expansion of charging infrastructure, a period of swift growth is expected in the coming 2-3 years, marking the phase where mass adoption gains momentum. - Influential Factors: Various elements impact the curve's steepness, including government policies, technological advancements (e.g. in batteries like StoreDot #xfc), infrastructure development (Electrify America, EVgo etc.), consumer sentiment, and economic conditions. - Potential Disruptions: External factors like new battery technologies (#100in5), shifting consumer preferences towards sustainability, and geopolitical events (China and US trade agreements) have the potential to disrupt the S-curve and alter adoption rates. - Market Saturation: While EVs are poised to dominate the transportation sector, the market will likely retain space for other vehicle types, particularly in specialized applications or regions with limited charging options. In Summary: The analysis of the S-curve foresees a period of rapid #EV adoption bolstered by technological progress, favorable policies, and growing consumer embrace. Acknowledging possible disruptions and market saturation is vital for stakeholders to navigate the evolving landscape of transportation effectively.

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Doron Myersdorf, insightful perspective on EV adoption curve. Gradual yet transformative.

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