I think it's going to be in next few years. Potentially with government incentives to help the people switch over to EVs.
Parents came back from Shenzhen and surprised most of the streets were very quiet because scooters and cars were mostly electric. Air quality "better than Aus" was their brief remark. I never spoke to my parents about my investment in lithium space until they spoke to me about EVs. If anyone thinks EVs will fade, think again. Mind you that isn't even Beijing or Shanghai. Imagine the adoption rate when Beijing and Shanghai go full on EVs due to air pollution.
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