Is it just me? or are we finally seeing the explosion of (actual) EV supply that has looked inevitable for so long. Porche Taycan, VW i.d., new Tesla models coming out, Audi, Kia, Hyundai, Toyota etc... all the plans are starting to flow into execution phase.
And we know what this means for an industry constrained by battery supply - https://asia.nikkei.com/Spotlight/Electric-cars-in-China/Toyota-taps-same-batteries-as-Tesla-for-China-plug-in-hybrids.
Competition between auto-makers to control supply chain growth.
All this at a time when Ni and Co supply being turned off or turned down.
Cobalt looks ready to go back about $50k/t.
Pertinent market/industry news/articles, page-2207
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