# The Great EV Slowdown

**Published by:** [freedom](https://paragraph.com/@freedom/)
**Published on:** 2025-05-06
**URL:** https://paragraph.com/@freedom/the-great-ev-slowdown

## Content

Electric vehicle sales growth dropped from 60% (2022) to 25% (2024) due to:Charging "deserts" in rural/urban areasHigh insurance costs (30% more than gas cars)Lithium price volatility causing MSRP swingsAdaptations emerging:Toyota’s hydrogen combustion engines"Battery-as-a-service" subscriptions (NIO’s model)Ultra-fast charging (10-minute 80% charge)The transition continues, but automakers are pivoting to hybrids as a bridge technology.

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