Just a quick heads up. Our research shows that 2017 might be the mother of all ramp ups by the CCP.
The chatter is for new subsidies and a massive increase in Chinese EV sales.
Add to this some likely panic by western auto makers as China firmly hits the lead.
How many know that China is the biggest auto manufacturer and double second place USA.
Most of those sales are domestic and EV's will give them the chance to dominate exports.
The rumours I'm hearing are an 800% increase within the next 4 years. That is a massive amount of Lithium that is going to be required. Against a huge ramp in demand we have the nonsense of Mac Bank estimates of supply ramp up proven entirely false for 2017 with no huge changes likely for 2017. I expect next year to be one of the defining years for new energy.
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