Lithium Demand surge, page-31

Hi Barg
Yes it is certainly a positive move which should benefit investors like us in battery materials.

It is also a highly significant step in taking down existing barriers for foreign owned businesses to building car manufacturing plants in China. Should go someway to appeasing Trumps criticisms of the PRC.

Make no mistake this is a shrewd move that will make China the epicentre or super power in EV cars in 5 years time.

It could well pose a real threat to existing car manufacturing companies in the rest of the world. European countries in particular will need to step up their efforts in developing and manufacturing batteries or face very heavy dependency on China for the supply of batteries for cars made in Europe. That would not be good for the European car manufacturers.
Chrs W2