This could be bad news lithium stocks?
We all know that EVs are expensive, more expensive than their ICE counterparts, and mostly appeal to the "pretentious wanker" that has more money then sense.
Not to mention EV depreciation being significantly worse, which makes TCO questionable.
It's why rental car and leasing companies are bailing out of EVs.
Residual value just isn't there, even after 24 months.
So, how to make EVs cheaper to further mass adoption.
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