A Fallacy -- April 9, 224

Locator: 46963BUFFETT.

See if you can find the fallacy in this news story: Buffett's favorite indicator.

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EV Poll In The US

Link here. The number has increased in 2024 over numbers in 2023. 

Almost half of all Americans would not even consider buying an EV, much less even buy one.

More Americans said in 2024 that they would not consider purchasing an electric vehicle (EV) than in 2023, a new Gallup poll found.

The poll found that 48 percent of respondents said they would not consider buying an electric vehicle — up 7 percentage points than those who said the same in 2023. Thirty-five percent said in the latest survey they might consider purchasing one, and 9 percent said they were seriously considering it.

The new poll also found that the percentage of Americans who said they owned an EV ticked up slightly in 2024, with 7 percent saying they have one. Last year, 4 percent said they owned an EV.

The Biden administration finalized a rule last month that could result in 56 percent of new vehicles on the market being electric by 2032. While the rule does not mandate a shift to electric vehicles, it sets pollution standards for an automaker’s vehicle fleet that would be challenging to meet without increasing the share of electric or other low-carbon vehicles.

Does that "percent" seem high? The new poll says 7 percent of Americans say they own an EV. You don't need a poll to determine that number; one can google vehicle registrations.

• number of EVs registered in the US: 2,400,000.
• number of automobiles registered in the US: 278,870, 463.

Statistics from 2022.

• 2,400,000 / 278,870,463 = 0.008606 - 0.86%.

In our relatively affluent neighborhood I count about seven Teslas on the road for every 100 cars. Very, very informal observation. Btu that's in a very affluent neighborhood. I doubt the numbers don't come that close in "more typical north Texas" neighborhoods.

In California:

• 903,620 / 31,400,000 = 0.0288 = 2.9%.