Good News & Bad News, page-26152

It can go like this:

Emissions regulations in China tighten up on 1 July.
All the dirty non complying ICE cars must be sold by 30 June. After that they become illegal, and have to go back to the factory to be made compliant. Exy.

So right now, there is a panic on to sell them all - whatever the inventories of unsold cars are.

Big discounts, etc, in force right now - buyers get to the car yard, and are sold a 'bargain' carbon emitting shit box. New car, very low price, people wont resist saying 'i came here to buy an EV for 3 times the price'.

Therefore think we will see manufacturing preparation in June for a return to 'normal' EV market volumes. So, my prediction is 2nd or 3rd week of June, China prices on Hydroxide and Carbonate, will start rising in anticipation.

Mr Market looks forward. Early June. 2.5 months away.