ICE sales began declining in 2018, two years before COVID. 2020 did in fact see a dip in ALL vehicle sales.

Also keep in mind that China and Europe are pushing EVs heavily.. This to the point where ICE sales there have fallen off a cliff. even more so than the chart would indicate.

Paul is right that the EV S-curve is only going to accelerate. In fact, the only thing that's going to slow it down here is the US will be legislation aimed at artificially protecting our increasingly regional automakers from bankruptcy.

Talk about "free markets".

Of course, you'll probably complain about US incentives "meddling" in those markets, but that doesn't change the fact that the rest of the world will move on with EV adoption., reaping the advantages and leaving us behind.