US car industry is dead. They will only produce for themselves and not much.
The EU carmakers still have a small window to react to new competition but not more than 24 months. If they are not competitive with the new generation of models that are being designed now, game over.
People don't realize we are about to see a "Nokia" moment that will wipe out many makers and push to irrelevance big industry names as we know them. It is not climate change, not about pollution. It is purely a value for money discussion. Any people will slowly realize where this lies.
China is set to flip over the car industry. They've got the money, the know how and the determination to do that.
Lithium is just one of the battle grounds for this dominance to occur. Let's see how things play out. But one thing is for sure. This is not a long term positioning competition. It is going to be very a short term / intense battle.
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