"Cost of reshoring EV battery industry from China to US: $584 billion and an Opportunity Cost problem"
That means China will keep dominating EV battery for the foreseeable future. That means China will stay to be the biggest consumer (market) for lithium. That means PLS has its foot in the door by signing up offtake agreement with Chinese companies and a joint venture with Ganfeng.
Lastly, that means those who recently decried PLS' close relationship with the Chinese are dumb shareholders!
"Cost of reshoring EV battery industry from China to US: $584...
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$3.15 |
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Mkt cap ! $9.525B | |||
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