..as a lithium hodler, is this positive or negative news? Positive because BYD would continue to spur EV growth, but negative because this upside in EV may not filter down to spot market lithium. China, Chile, Argentina, Bolivia and African mines would be busy bee, remember they (Chinese) have invested billions in lithium mines in those places.
Wild: BYD alone could supply the entire US plug-in vehicle market twice over: "BYD’s overall target is to sell approximately 3.6 million fully electric and plug-in hybrid cars in 2024." BYD is also aiming to derive ‘nearly half’ of its sales from overseas
