This sounds like bad news for EVs, and therefore lithium stocks?What Has Happened to Electric Vehicle Sales?
Sales growth of electric vehicles has slowed dramatically this year.
Tesla delivered 20% fewer cars in the first quarter of 2024 than in the prior quarter, and BYD who was previously the world’s biggest EV maker saw sales decline more than 40% over the same period.
Good News & Bad News, page-41854
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