Banter and general comments, page-35448

Here is another snippet from Joe Lowry.

‘Global EV sales up over 30% in 2023. For a few reasons, it was a tough year for many lithium/battery metal stocks. What positives do you take from 2023 for the sector?

“Despite all the rhetoric about an EV slowdown, actual global EVs sales will be up over 30% in 2023. I look at numbers from many sources including Rho Motion who project just under 14 million EVs sold,” Lowry says.“What happened in 2023 wasn’t a shock. I have been in this business for over three decades – lithium battery supply chain disconnects have happened multiple times.“In 2022, all facets of the supply chain developed excess inventory, so in effect 2022 wasn’t as great a year as it looked, the price run up was unnecessary, and 2023 was a year of correction. The long term lithium demand story is still intact.”