Lithium prices, page-300

I think the chance for falling EV sales next year should be near zero:

- China will likely extend purchase tax excemption for EVs
- chip shortage largely gone
- supply chain disruptions should be cleared
- over 120 new BEV models to be released in 2023, list will grow over the upcoming months
- charging infrastruture expansions picking up speed

etc. etc.

i can think of dozens of reasons that support strong EV sales and let's not forget that the new car prices are high beyond the impact of higher raw materials, because all the supply chain disruptions have made new cars artificially scarce in 2021 and also 2022. There is plenty of pent-up demand. Also as I mentioned before many EV models are sold out of 2022 and beyond that.If a model has 12 months waiting time then this already goes into almost the entire first half of 2023.

“The bigger impact on vehicle prices is not so much inflation as it is scarcity,” Aaron Bragman, Detroit bureau chief at online automotive marketplace Cars.com, told Fortune. “There simply aren't enough vehicles to meet demand and that's starting to impact sales.”

This is not some secret knowledge I read statements like this one many times.

Used car prices are surging and driving inflation | Fortune