…soccer sure is getting popular, the mums are lining up!!
“S&P Global Mobility expects this trend of growth to continue into next year. In a recent report, the firm forecast that global sales of BEVs specifically will experience nearly 40% year-over-year growth in 2024, jumping to claim a 16.2% market share.
S&P predicted that, in China, BEVs will make up 28.6% of the vehicles. And in the U.S., BEVs will make up 13.2% of the vehicles, representing 66% year-over-year growth.”
While new suppliers struggle, demand soldiers on.
Tough luck, haters!
Looking forward to revisiting GS’s recent supply forecast in 12 & 24 months from now.
AGY Price at posting:
12.3¢ Sentiment: Buy Disclosure: Held
