Some hard numbers, basically while EV sales fell 9% in Q1 YoY, battery capacity deployed only fell 2%.
"In the first quarter of 2020, passenger vehicle cell suppliers deployed 20.5 GWh of battery capacity globally, down from 20.9 GWh during the first quarter of 2019 and 26.5 GWh in the fourth quarter, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker."
https://www.adamasintel.com/lg-chem-leads-by-gwh-deployed-2020q1/
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