Hope the crazy market push this down to 80c.will definitely buy...

Hope the crazy market push this down to 80c.
will definitely buy more.

Lithium is the most common of these metals, but graphite and cobalt are also used.

To achieve climate neutrality by mid-century, the EU will require 18 times more lithium than it currently uses by 2030 and almost 60 times more by 2050

https://www.google.com/amp/s/www.euronews.com/green/amp/2022/10/24/frances-massive-new-mithium-mine-could-supply-700000-electric-car-batteries-a-year

so the market next year may go into recession, but i bet it will be a shadow recession..... why Powell did say US economy is very strong with the employment data.

demand for ev may decline for 1 or 2 quarters but the bounce back will be super strong

GS time their announcememt before bad news. The decline in stock is more to do with rates at 5% longer.
I believe any stock that can generate big profit to justify their MC will see their sp bounce back to fair value.

For me that means ake, pls and soon to be producers like cxo , sya and agy

Projected global electric vehicle sales

Sales of electric cars under stated policies and announced pledges.

Line chart showing historical electric vehicles and projected sales based on current policies and based on announced pledges.

20102015202020252030010M20M30M40M

Projections based on announced pledges

Historical vehicle sales

Projection based on current policies

Stated policies are as of May 2021.

Chart: Alex Leeds Matthews Source: International Energy Agency

Line chart showing historical electric vehicles and projected sales based on current policies and based on announced pledges.20102015202020252030010M20M30M40M

Projections based on announced pledges

Historical vehicle sales

Projection based on current policies