...demand for EV (slower growth) can only be expected to slow as higher cost of living bites, auto insurance soared 22% while 2nd hand car prices have deflated.
..you wouldn't think buying an EV would be top of mind now. The early adopters may have buyer remorse because they paid more for their Tesla, and now they could get a cheaper and better Tesla. Its like a smart TV, or computer, you wait a little longer you get the newest technology at a lower price.
There still a lot of uncertainty around #lithium prices right now. That is why I can only be cautiously optimistic. As I have long said, nowadays, in the Li market, supply takes care of itself and what usually counts the most is demand which is rather difficult to forecast.
