EV sales - Their impact on Altura?, page-17

Rupfel someone who understands maths, logic and more (I can be varyingly dodgy in these areas)
was helping me figure out how many EVs Altura spodumene at nameplate production -ie 220,000 tpa could produce.

HOW MANY CARS DOES ALTURA PRODUCE?
....And the ‘rough estimate’ was that at current battery specifications a rough average was 222,000 tonnes of spodumene makes 440,000 cars.

On the Woods Mac April forecast* of 1.3M EV sales for 2020, that means - at full production and full off take - Altura has the potential for its’ spodumene end up in around 33% of ALL vehicles sold.

And it means the competition must be pretty fierce?
- which accounts for low prices.
Clearly Altura is still meeting market prices as it is still shipping.

As far as things improving go, even if sales get back to 2o19 levels (ie 2.2m EVs*) ...Altura is aiming to/needs to claim 20% of the market ?
And while prices were better last year, they were still bad (although Altura was partly insulated by the Ganfeng prepayment)

Once again, who are Altura’s opponents?
And is it possible Altura premium spod is being mixed with lower grade - even cheaper - product and so ending up in even more vehicles than my above estimates indicate ?

cheers