EV Technology - EV Industry and Policy
If Country A had 100,000 new car sales in 2023 and 25,000 of those were electric vehicles, what is the EV adoption rate for Country A in 2023?
If Country A had 100,000 new car sales in 2023 and 25,000 of those were electric vehicles, what is the EV adoption rate for Country A in 2023?
medium📝 Analysis Q4 of 15
Step-by-Step Solution
Solution:
Step 1: Calculate EV adoption rate
Divide EV sales by total new car sales: 25,000 ÷ 100,000 = 0.25.Step 2: Convert to percentage
0.25 x 100 = 25% adoption rate.Final Answer:
25% -> Option CQuick Check:
EV adoption rate = 25% [OK]
Quick Trick: Divide EV sales by total sales, multiply by 100 [OK]
Common Mistakes:
- Dividing total sales by EV sales
- Forgetting to convert to percentage
- Mixing up numbers
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