EV and battery thread, page-267

Rhomotion have put there numbers out for May at 1.3million, which tends to be 100K less than EVvolumes suggest each month, hence for consistency I add 100k to that figure, and update the previous month when the data is made available, which I have done for April.

The trend is your friend and I am feeling MUCH MORE comfortable then in the first few months in the year. Numbers look really good, but the caveat is that large growth is coming from PHEV which requires less lithium per vehicle. However, the trend is still good. So fear is going through the roof, right at the time the EV sales are starting to take the right shape.

If we can keep this up for a couple more months sentiment may change. What is helping me relax a little is that the relationship between Elon and Trump appears to be publicly growing, which may suggest that if Trump wins, EV adoption will not get put into the bin within the USA.

Fear is at extreme levels at the moment. I'll admit, I never expected it to retrace this much, but we just need to remember at the current price, LTM is still making healthy profits across the majority of its portfolio. It is still a cash-generating machine. At least our CEO has been active with lots of interviews, etc, of late trying to get this message out, so I got to give him some credit for that, but overall, fear is creating too much noise. It's throw the bay out with the bath water time.

Don't lose sight of what is happening.









Looking at the trends below. we are now getting back into a place that we should be at.