“In January-April, total global battery consumption for electric vehicles (EVs) was 216.2 GWh, up 21.8 percent from 177.6 GWh in the same period last year, according to data released yesterday by South Korean market researcher SNE Research.”
Doesn’t sound like “stagnant demand” to me.
https://cnevpost.com/2024/06/06/global-ev-battery-market-share-jan-apr-2024/
“In January-April, total global battery consumption for electric...
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