The EV monster was alive in the early 90's until GM and the other ICE makers closed it down.
Since then Tesla, with the support of Chinese money has given a rebirth to EVs world wide.
China will 100% dominate EV sales whilst the Chinese government will allow Tesla to focus on driverless vehicles.
Anyone thinking that we are returning to ICE vehicles clearly has no idea of the evolution of technology. Zero idea!
This downturn has been a blessing for SYA. The progress of the newbies has been strangled. Patriot, Winsome, Wildcat and the list goes on.
Albermarle left Patriot for a reason, it's going no where for 7 to 10 years.
When Ken Brinsden leaves Patriot and he will, you will then know exactly where it is headed.
When the next upward cycle arrives, SYA will rocket to the moon. If it has to take on debt before then, then so be it because the rewards will be enormous.
The next company to experience the pain of ramp up is Liontown. Watch its share price come under pressure.
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