...earlier forward lofty demand projections did not anticipate challenges facing EV industry and have now been revised downwards, but lithium projects can't just stop because demand growth moderated. So lithium supply would progress as planned despite moderated demand.
...in short, no imbalance anytime soon, so lithium price going nowhere for a protracted time, perhaps 1-4 years (depending on whether soft or hard landing ahead) ...WINTER HIBERNATION.
“In its annual Electric Vehicle Outlook, BNEF reduced its battery-electric sales projections by 6.7 million vehicles through 2026.”
