Hi,
Interesting document from the government.
Unfortunately the government underestimates EV demand substantially. This will result in substantially higher Lithium prices over the next decade in my opinion.
Elon says that the biggest constraint to expand production are not chips or demand it is the availability of batteries.
Battery manufacturing is going through a period of explosive growth in Europe, US and especially in China.
Let's see in coming years who is closer to the truth the government forecast or my own.
K
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