China has over built capacity for demand so will flood the global market. Explains why Lithium prices will come off back to 2020/21 prices for a few years. Global recession will only add to excess capacity and delay peoples decision to purchase a EV.
SMCP Nov 2022Chinese EV battery producers will exceed domestic electric-car makers’ demand threefold in 2025: report
- EV battery makers will increase capacity six times between this year and 2025, according to a report in a newspaper run by the State Council
- After aggressive expansion, EV battery producers must secure more business from overseas carmakers to absorb the excess capacity, analysts say
China has over built capacity for demand so will flood the...
-
- There are more pages in this discussion • 17,998 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 9.3¢ | 9.0¢ | $1.276M | 13.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 977925 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.1¢ | 170484 | 6 |
View Market Depth
| Last trade - 13.19pm 05/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |