What's coming up..

Still some discussion about what's happening with EVs (and BESS) globally and in the US. For those who aren't sure if they've got a good feel for what's coming in the next 3-5 years for EVs I encourage you to find some time to watch the video below in the context of the news that 1 million EVs were sold last month in China (that's 50% penetration!). For those who know Tony Seba you're probably aware of the content of the video, and also probably aware of the relationship between his forecasts and the upcoming August Robotaxi announcement from Tesla (reminder that the million mile batteries Tesla are confirmed to use Novonix Anode Material).

https://youtu.be/z7vhMcKvHo8?feature=shared

Thanks to the IRA and graphite tariffs (25% on natural and 27% on synthetic at a minimum as Trump has said he will apply tariffs of 60% of ALL Chinese imports) we can glean the upcoming demand for North American and FTA graphite is going to be very robust.

I'd love to hear folks' opinions on how things are going to play out as US battery and EV plants come online at speed over the next couple of years.



source: https://www.bloomberg.com/news/articles/2024-05-28/the-slowdown-in-us-electric-vehicle-sales-looks-more-like-a-blip