Maybe that's true, but maybe the average cost of a new car in Asia is quite a bi... | Hacker News

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troymc 59 days ago | parent | context | favorite | on: Global sales of combustion engine cars have peaked

Maybe that's true, but maybe the average cost of a new car in Asia is quite a bit lower, so the overall effect is still declining total overall sales (measured in USD)?

Here's a fascinating video about a city in China that's full of cute electric cars that cost less than $5000 USD each:

https://www.youtube.com/watch?v=AomxytSwrkY

troymc 54 days ago [–]

I looked around some more and it seems that it is, in fact, the total number of units sold that peaked, not the total dollars of sales.

I found a good video that outlines all the reasons:

https://www.youtube.com/watch?v=xsXxfx_UsVI

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