Sat, January 20, 2024 at 12:19 AM GMT+10:30 China DEMAND for LITHIUM creates a BOOM...!!!!!!!!!!!!!!!!! Just not just LITHIUM all commodities...!
China EV China has vowed to stall the expansion of its electric vehicle industry just as the West braces for a flood of exports to enter the market.
Xin Guobin, the country’s vice-minister of industry and information technology, said Beijing would crack down on “disorderly” competition among electric vehicle (EV) projects from local governments and new carmakers.
Mr Xin warned there was “insufficient” demand from consumers to support the volume of new projects and said Beijing would take “forceful measures” to stop “blind” expansion, the Financial Times reported.
AVZ Price at posting:
78.0¢ Sentiment: Hold Disclosure: Held
