China can position itself as the number 1 EV maker across the world by destroying the price of lithium and controlling world supply of lithium...
Lithium companies need to ensure they don't rely on China for conversion....make deals with automakers for as close to final product, bypassing China... or get burnt.
I actually think China can sell EV's profitably with an abundant supply of lithium by ensuring the market sentiment thinks there is oversupply. If and when that fails, China would control more lithium supply than it needs anyway.
