Yes - the 21% annual increase does not take into account the moment when transport companies and consumers alike realize that its cheaper to have an EV than an ICE. That moment may not be here yet but when that moment does arrive (2023 perhaps) well the increase will be exponential IMO. Car manufacturers are well aware of this and are positioning themselves accordingly.
Also what has not been emphasized is battery quality. Going forward its going to be a BIG deal. And it would seam POSCO is positioning itself to be a premium manufacturer.
All is well in my book. SP stinks at the moment - but post 2020 - its looking a tad exciting IMO.
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