With current figures at 38% of all new Chinese registrations in 2023 being nev's you can see how this could easily be achieved.
Current YOY growth makes that a majority of all new car sales in two years max.
I think this will be self accelerating as more EV support infrastructure is built and ice infrastructure is not replaced.
Obviously China are a few years ahead of the ROW but not too far really.
IMO these targets are going to be easily met if the product is available.
We are seeing remarkable growth in Aus really given the limited charging infrastructure available.
Hence why PLS register contains so many large corporations who are obviously long on the coy but profiteering from a temporary Li price slump.
PLS have a bright future imo.
Good News & Bad News, page-36313
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