Yeap, I share your feelings but not so much your views.
1 in 2 EVs are sold in China (with no need for ICE sale bans). My initial view was that the european OEMs would react in time for the first wave of chinese competitors but that didn't happen. In the end, european car manufacturers have exposure to the chinese car market and should have known what was to come.
Deeply dissapoointed with german carmakers. At least Stellantis is trying to get somewhere, so chapeau for the French.
The big opportunity will come when it is real Li demand, and to me that is still to happen. AGY wise, let's see if they can survive until then (with not much dilution). If AGY gets through the down market, the upside is sgnificant.
AGY Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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