Does anybody know how many tons of spod are needed for an average EV battery (say 50 kWh)?
And how long does the supply chain take from mine to finished battery?
Then one can compare supply vs demand.
EV sales have been increasing, while Li price decreasing since early 2023. The original explanation was inventory being run down.
If that is true, then the inventory must have been built up when the Li price was up in the stars.
But inventory cannot run down forever, and EV sales still increasing.
And the cost of batteries should be substantially cheaper now.
I don't know whether to trust those 2 "experts" Hooper and Lowry - their take on what was happening in China hasn't been right.
Who else has a better idea?
Good News & Bad News, page-45883
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