You have followed and answered to my posts long enough to know...

You have followed and answered to my posts long enough to know that I never trust in media commentators, but in facts and numbers.

Demand is not so simply. The same as supply. China is incentivating supply. The reasons are known. The West will incentivate demand as needed (when consumers’ appetite decreases).The underlying reason is obvious yet untold: the more ICEs on the streets, the more money that ends on bad boys’ hands. That was aceptable while bad boys wasted their oil money on yachts and gold. But it became unacceptable when they started acquiring western companies and financing wars that are costing a lot of money to west countries.
The only alternative to ICEs are EVs. So demand will never stop. They will incentivate it.