The growth does not seem to be exponential the way that I understand exponential.
"In 2023, the EV share of the total U.S. vehicle market was 7.6%, according to Kelley Blue Book estimates. That is up from 5.9% in 2022. EV sales in the fourth quarter set a record for both volume and share: 317,168 and 8.1%, respectively. And while records were set, the oft-reported slowdown is real."
A Record 1.2 Million EVs Were Sold in the U.S. in 2023, According to Estimates from Kelley Blue Book - Cox Automotive Inc. (coxautoinc.com)
"LONDON, Jan 11 (Reuters) - Global sales of fully electric and plug-in hybrid vehicles (PHEVs) rose 31% in 2023, down from 60% growth in 2022, according to market research firm Rho Motion."
global ev sales growth 2023 - Google Search