Hey b4...the 20-25% by 2025 is from VW's own projection (see I think p. 21 of the presentation)...LE made the point that with disruptive market shifts (like for example the smart device revolution), historically analysts et al tend to get 'over-excited' about the speed of the shift (ie overestimate short term demand increase), but underestimate the scale of the long term shift. (To an extent we're seeing the first bit play out with battery graphite - lots of over egging of short term expectations these last few years, huh!?)
So re: those longer term VW numbers being perhaps revised up soon..well, yes, erring on the side of prudent skepticism, I took what was really a passing aside from FP to be a combination of a) the idea that such a revision up would be entirely consistent with historical trends and also what others are currently doing with their EV projections (ie BMP)...and b) perhaps a bit of casual hearsay/water cooler whispering wafting about from VW contacts.
IOW, b4... if you're the hard-a*s investor type...maybe 'ever so slightly too-warm' air.
Either way the 'snippet' is a bit moot. The first set of VW numbers are legit and from source, and substantial and more broadly indicative enough in their own right, in battery demand projection terms. Chrs.
MNS Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held
(20min delay)