Lithium Related Media Articles, page-18839

Sales of EVs will be growing at a reduced pace until the price of LIB's drop by at least a third imo. Maybe that happens in 2025/6 with new battery types like Lithium Sulphur and Lithium Sodium. These batteries will use less lithium but demand will kick up as the price of EV's become closer to gas and hybrid vehicles.

https://insideevs.com/news/693626/ford-cuts-ev-investment-after-losing-36000-usd-every-ev-sold-q3/



"The narrative has taken over that EVs aren't growing; they're growing. It's just growing at a slower pace than the industry and, quite frankly, we expected," Ford Chief Financial Officer John Lawler said on the earnings call according to Automotive News. Lawler said Ford will need less EV capacity in the near term as demand has "softened."

Ford said the Q3 loss is "attributable to continued investment in next-generation EVs and challenging market dynamics." Regarding the latter, the carmaker noted that "many North American customers interested in buying EVs are unwilling to pay premiums for them over gas or hybrid vehicles." This puts pressure on EV prices and profitability, according to Ford.

https://insideevs.com/news/693454/volkswagen-group-electric-car-orders-down-europe/

Volkswagen Group's Electric Car Order Bank Shrunk By 50% In Europe

Market conditions remain challenging.