American EV adoption now MUCH faster than experts predicted

Recurrent CEO, Scott Case shared an observation of a study by Boston Consulting Group (BCG) which has released a market projection for EV adoption annually since 2018. Recurrent noticed that BCG repeated the same analysis four times since 2018 and has gotten it wrong each time. Scott said that there was a 97% cost reduction in lithium-ion battery prices over the past three decades up to 2018.

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