No, watch the video. His point is that lithium only represents 2% of the value of an EV. So the thesis is the car manufacturers will pay whatever they have to to get it. As such a small % of the total cost, it can increase dramatically without jeopardizing the tech.
Personally I'm not convinced it will happen, and I wouldn't rely on it when doing valuations/making buying decisions. I won't complain if it does.
Good idea regarding the thread @bugeye23. It's good to keep these discussions separate.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| LPD (ASX) Chart |
Day chart unavailable