“Fewer people can now afford a new cars so sales are down there. So that makes the EV’s equal a higher percentage of the total”
Completely wrong. First, year-over-year car sales are up 14% in most recently reported month.
And the relative sales increase in EVs, although modest, has nothing whatsoever to do with “percentage of the total”.
“And the relative sales increase in EVs, although modest, has nothing whatsoever to do with “percentage of the total”.”
It is directly related to the percentage of the total.