...EU retreat from EV means China will dominate EV market.
...China will prioritise churning cheap EVs at the expense of lithium pricing.
"Mercedes-Benz Group AG is backing away from ambitious electric-vehicle goals as weakening sales push the luxury-automaker to its tried-and-true combustion engines for the foreseeable future."
https://x.com/chigrl/status/1788207180279087323
