....BYD sources its lithium from its own mines, so it won't matter much to Lithium pricing one way or the other.
#BYD breaks a new record. It sold >1/2 a million NEVs. https://cnevpost.com/2024/11/01/byd-sales-oct-2024/….
But #lithium producers have reasons to worry. Only 38% of those NEVs were all-electric & this trend is likely to exacerbate in the coming months. This is reducing BYD's Li consumption.
https://x.com/jczuleta/status/1852397019807072646
