....BYD in clear lead, but even China auto sales is starting to stall.
....The China EV sales growth would taper soon, and that would be when lithium prices start to fall more pronouncedly.
....lithium hodlers haven't yet envisage how long a winter hibernation would last.
Even after being beaten down badly, this astute market analyst rather cut losses on lithium stocks. EV/Lithium, 74657175, page-797 | HotCopper Forum
My X-mas tree theory suggest more pain in store ahead. Denial will be painful. EV/Lithium, 74551647, page-707 | HotCopper Forum
---
CPCA: #China's retail sales of passenger vehicles -6.7% y/y to 1.78 million units in June, +3.2% m/m. NEV retail sales 0.856 mln, +28.6% y/y, +6.4% m/m. #Tesla China sold 71,007 vehicles in June, with EV shares decreasing by 4.3 percentage points to 6.9%. $TSLA China exported 11,746 vehicles(-39.6%y/y, -32.3% m/m), and #BYD 26,995 (+156% y/y, -28%m/m). https://x.com/Sino_Market/status/1810238093376790638
