china is going to half the ev incentives with tougher requirements.
all ev company in china has been selling ev for a big discount for last 3 months in order to get as much incentives as possible.
all that means next at least 3 months , ev sells is going from increase every month to decrease in china.
that means lithium demand is going to decrease as well as lithium price.
there is a oversupply issue at the moment.
so market will reflect that. money will go elsewhere.
what to discuss ?
have a look the bigger picture. the whole environment for lithium is not the place to be .
close your HotCopper and have a rest and come back at least 3 month later
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