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What they thought it 2018: [ATTACH] Note the 2023 total forecast...

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    What they thought it 2018:

    upload_2024-7-16_0-22-52.jpeg


    Note the 2023 total forecast above of about 500 GWh.


    Nek minnit…..


    ACTUALS 2023:

    “In 2023, global power battery shipments reached 865.2GWh”


    In 2018, this forecast by BNEF for demand in 2023 was out by about 70%.
    Ponder that.

    Imo beware when the headlines read “demand lower than expected”.

    Dyor!
 
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