Here is the thing-Wall Street is a self licking ice cream cone...I've seen this in the IT industry for the past 20 years...promises of a great leap forward (think Self driving cars,AI) all being oversold to increase stock prices of respective companies.
When it comes to EVs, I wonder how much impact inflation, higher interest rates and drop in federal rebates recently have removed interest in EVs. I think at least 25% of the market that might have been interested in them went in a different direction because of that. You'll see flatter growth as time goes on instead of parabolic growth like we've had.
Some states are rolling back their 2035 mandates, which find comical, because so much can change between now and then. Its just political flip flopping at this point.