..and as per my previous post, none of these are going full EV anytime soon, in fact earliest in 6 years latest in 16 years.
..so would the global auto consumer be thinking buying Brand or buying Chinese EV?
..I'd rather buy a Mercedes EV if it was cheaper, but its not and they don't plan to make it cheap for sometime yet. Does that make me think about buying a Chinese EV then because its cheaper?
..which is what I'm saying, if people are buying BRAND rather than exclusively EV conscious, they may be more inclined to buy an EV of the Brand of their choice which is affordable enough.
...for next 1-3 years, Chinese EVs may dominate global EV market but I reckon a large part of that domination could be centred in China and emerging economies rather than in Western economies. Not just because of tariffs but also consumer preferences.
...hence for 1-3 years, all that high EV growth is just likely centred in China. While we could get large EV growth in new markets e.g SEA, Australia, it is just a large percentage from a low base e.g a rise of 60 vehicles a month to 240 vehicles a month is 400% increase, but its a small number.
...so if that is the case, where would all the lithium be consumed? Yes, China!! Tesla is also producing from Shanghai. If consumed in China, prices would be dictated by China.
