EV/Lithium, page-328

...seriously, this post is so exceptional that it got moderated, lol.

500,000 Chinese vehicle exports in April. China on track to top 6 million vehicle exports a year (adding to its position as the world's largest exporter) Stunning change

https://x.com/Brad_Setser/status/1789289172437532713

Chinese vehicle production is back it its long-term high (over 30m vehicles a year). Chinese vehicle demand remains well below its 2018 levels. Difference is exports of course. China has the capacity to produce over 40m vehicles (spare capacity mostly for ICEs)

https://x.com/Brad_Setser/status/1789290154806403241