Can anybody explain this? EV sales will likely grow from 2.2 to 2.4 - 2.5 million (I think that is conservative), while average battery capacity increases. I also wrote in an earlier post that according to IHS markit the energy storagy will grow by 5 GW in 2020. So why does Orocobre estimate flat lithium demand for battery cathodes. Is it because of inventories or is it because demand for electronic devices drops this year? Btw. what does the category "primary battery" represent?
ORE Price at posting:
$2.60 Sentiment: Buy Disclosure: Held
