I suggest the Chinese will all be for higher pricing in the future. Their low pricing plan has served them for a long period and been beneficial in many ways - obviously to snuff out - delay arrival of new supply but also to provide a cheap supply for their EV - E everything industries being so far advanced now - they have established themselves in a low pricing environment they created - now as ROW plays catch up I would consider the Chinese only to happy to see higher pricing soon enough - they will just put in place tarriffs on their own EV's and other manufacturing to offset the higher prices domestically whilst making hey on exports to ROW whom - like EU/UK/INDIA etc still talk of securing supply instead of acting as did the US - puke re EU saying they are progressing when really - they are happy to continue taking cheap Chinese supply - that will not be the case soon enough. Things are really coming to the surface already re recent EU negotiations (and bitching) with China trade - flood of EV's into Europe causing huge concerns to the EU very large and crucial auto industries.
LYC Price at posting:
$6.79 Sentiment: Hold Disclosure: Held
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