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Featured Plug-in sales growth

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by bwilson4web, Jan 23, 2017.

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

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    First be careful as percentages can be misleading: AD #2028 – BMW Hurting for SUVs, Tesla Cleared in Autopilot Investigation, 2017 Auto Industry Outlook – Autoline Daily

    EV’S, PLUG-INS GROW THE FASTEST
    Amazingly, despite cheap gasoline prices all last year, the hottest segment in the U.S. market was for electric cars and plug-ins. That segment grew 30% and over 150,000 were sold, with 70,000 being plug-ins and 80,000 electric. Plug-in sales grew the most, largely thanks to some new entrants and by strong growth from the Chevy Volt, the Ford Fusion Energi and BMW X5e. Most EVs are only sold in a limited number of states. They’re not available nationwide. So there’s a lot of upside potential. But before you get too excited they still represent less than 0.8% of the total market.

    The problem with percentages and small quantities is it can give the impression of greater growth than the absolute number would suggest. Still, in May we bought a used, off-lease, BMW i3-REx, and in December, a new Prius Prime Plus.

    Bob Wilson
     
    #1 bwilson4web, Jan 23, 2017
    Last edited: Jan 23, 2017
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  2. RCO

    RCO Senior Member

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    Once again, wise words from OP. A common trait amongst politico's over here is to compare numbers against percentages to either minimise or maximise effect. It's just pr spin.
     
  3. Prodigyplace

    Prodigyplace Senior Member

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    You mean "alternate facts" ?
     
  4. RCO

    RCO Senior Member

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    LOL. News travels fast these days!
     
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  5. bhtooefr

    bhtooefr Senior Member

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    Alternative facts aren't facts at all, whereas using percentages vs. raw numbers to spin something is based in actual facts.
     
  6. Zythryn

    Zythryn Senior Member

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    Percentages are no less accurate than absolute numbers, and absolute numbers are no less accurate than percentages as long as they are in context.
    If sales of all cars increase by 40,000 in a year, that is a small increase.
    If sales of plugin vehicles increase by 40,000 that is a very large increase.

    The numbers don't tell the whole story, for that you need the rate of change.
    A percentage gives you that.

    Yes, they can be misused, but they don't deserve to be put in the same basket with "alternative facts".
     
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  7. Trollbait

    Trollbait It's a D&D thing

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    When did hybrids hit 0.8% or 1% of the total market?
     
  8. Zythryn

    Zythryn Senior Member

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  9. Samprocat

    Samprocat Active Member

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    Once you try Tesla car if you are after extreme power or hybrid car and rent this thing for a week you will definitely go forward and rethink all you ever have learned about car's........
    I was real Redneck about hybrid or all electric car's before but now i know what other people really enjoy in this car's i have gone completely to the hybrid and future full electric cars....
    They are built better and and all of this propaganda about higher cost to keep with repair are nonsense..even most expensive part fo electric car big battery are nothing in what you save over life using hybrid/electric vs car

    Posted via the PriusChat mobile app.
     
  10. bisco

    bisco cookie crumbler

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    nothing earth shaking until gas prices go up. i read that opec and russia are colluding to decrease production, so that should help.
     
  11. Samprocat

    Samprocat Active Member

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    I have solar panels ......maybe expensive investment..but if you combine with hybrid car .......cost to operate on electric is free

    Posted via the PriusChat mobile app.
     
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  12. bisco

    bisco cookie crumbler

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    best of both worlds if you can pull it off, but you would have free electricity without a plug in, so it doesn't really change anything, unless you can't sell excess back to the power company.
     
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  13. RCO

    RCO Senior Member

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    Not when they compare $ with %age increase or vice versa!

    e.g. a precise figure for one item compared with a percentage of a smaller figure such that a small percentage of a large number compares unfairly with a larger percentage increase to a much small number.
     
    #13 RCO, Jan 23, 2017
    Last edited: Jan 23, 2017
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  14. Zythryn

    Zythryn Senior Member

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    Not quite sure what you mean.
    However, I suspect that would fall under the "as long as they are in context" part.
     
  15. RCO

    RCO Senior Member

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    OK. Let's say one group of high earners is to be getting a small percentage increase, but another group earning a basic minimum wage is getting $520/year extra.

    This might not truly show that the high earners would in fact be getting an extra $5,200 per annum.

    Hope that explains how mixing the two can skew the perception of the 'actual facts.'
     
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  16. Zythryn

    Zythryn Senior Member

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    That is a case of incomplete information, which always can be misleading.
    As I said before, percentages, or numbers, or both, can be misleading. It is not that either numbers or percentages are inherently misleading. It is the context, or lack thereof.

    Quite timely to this thread, I saw this today Hybrid market share peaked in 2013, down since then

    I believe they did a very good job with the context, and you will be happy to hear both numbers and percentages are used ;)
     
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  17. RCO

    RCO Senior Member

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    Deliberate misinformation was my point, however your link won't open on my tablet in UK. I'm sure it was wholely appropriate anyway. Cheers! :)
     
  18. Zythryn

    Zythryn Senior Member

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    Hmmm, try typing "green car reports hybrid market" into a search engine.
    Or, just go to the greencarreports.com. The article was posted yesterday.
     
  19. Prodigyplace

    Prodigyplace Senior Member

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    It may be country-restricted for some reason too, RCO is in the UK.