The empower has no clothes.
We all know it. There is no softening of demand.
Caught up with a mate yesterday from my work days. A few years ago when I was giving unsolicited advice to all my work colleagues about PLS, they all laughed at my view of EV uptake and when sales would start the J curve. Apparently, many have since purchased an EV and others are in the process of deciding which EV they will purchase. Some are holding off waiting for more choice.
The main point I noted is many are not upgrading their ICE vehicle in a timeframe they normally would. ICE sales on the precipice. Raw material supply the only headwind for uptake of EV’s
Good News & Bad News, page-24906
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