On the road to faster charging EV’s that will eventually be cheaper than ICE. WSJ 12/17-18 asks what if electric cars could cost significantly less than they do now, charge in the same amount of time it takes to fill a gas tank and use far less of the scarce materials that currently constrain their production? I thought we were there now! Smaller batteries + shorter range result in shorter travel time versus larger more expensive BEV’s that take longer to charge and go further. Why is this important? Because the more affordable EV’s, the more demand for Lynas products. US building 500,000 fast chargers as part of infrastructure spend versus 145,000 gas stations. Approaching take off velocity.
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