Publications: Notes at the Margin

Electric Vehicle Adoption: Lessons from the Phone Industry (January 23, 2023)


Based on their reading of history, many analysts and academics believe the adoption of new technologies generally occurs slowly. However, developments since 1975 contradict this conclusion. If the trends seen in other economic sectors continue, gasoline and diesel use could see sharp declines by 2030 as electric vehicles rapidly displace their internal-combustion-engine counterparts. Some data point to an even quicker decrease.


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