Allkem General Discussion, page-4964

I find this part from that article somewhat interesting:


“China’s lithium prices have tumbled dramatically from a peak close to 600,000 yuan last November, after Beijing ended its national subsidies for electric vehicles (EV).
A resulting slowdown in demand for EV batteries has weighed on lithium prices for much of this year.”


Can anyone please explain this apparent “slowdown in demand for EV batteries”…??????

I don’t see it.
I call BS.

Just read Stephan’s posts re sales figures etc

Eg.

“That should result in a global 2023 EV sales number of 14 million units or maybe a bit more.”

“ev-volumes calculated 10.5 million sales for last year, so this year we have about 33.33 % to 34.29 % YoY EV sales growth”