Clearly prices shouldn’t run away, hence increased production makes sense as I stated. It’s all about balance, and I would suggest China has finally understood this.
If Chinese production is ramped up by 27% (bringing total production to ~65% of capacity) while (N)EV sales goes up by 50+%, ramping up production stabilises the market without flooding it.
You have clearly stated sp ‘of old LYC’, really can’t mean anything other than you expecting (wishing) for an sp in the $2s. So, again, either you don’t hold or you don’t trust yourself.
I ask again, do you have your own spreadsheet or you only rely on others? Have you actually bothered to look at the numbers?
Strong, page-62
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$6.76 |
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