There’s plenty of reading on the possibility of a recession in 2020, I have my own thoughts which I’ll follow through on. All I’m saying is if we do have a recession EV forecasts will be slashed. Do you know that car loans have increased in the US by 50% since 2009? The world is awash with debt and if it hits the fan it will derail EV demand quite considerably. Loans for projects will be hard to come by from banks.
Just my thoughts.....
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