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https://www.reuters.com/business/autos-transportation/quebec-talk...

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DifficultLife10

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27/10/23

10:40

Post #: 70571440
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Originally posted by DifficultLife10: ↑

I think the governments/countries are going to need to further subsidies EV cars, doing so will probably increase the cost of Lithium and other minerals (more demand).

https://www.panion.org/ev-incentives-2023-these-6-countries-promote-e-mobility-the-most/

https://www.iea.org/reports/global-ev-outlook-2023/policy-developments

At the end of the day if car manufacturers can't make profit, well why would they bother? So price of EV's goes up, governments may need to step up to the plate and either compensate the car manufacturers with some tax cuts or something, or governments can give further discounts or some sort of incentive to the people (which some countries are already doing that).

One way or another Lithium prices will go up again once the big battery factories start coming online. The price of manufacturing the batteries in these massive plants should reduce the costs, but they will require alot of lithium. (At least thats my thoughts).

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https://www.reuters.com/business/autos-transportation/quebec-talks-with-battery-auto-makers-c15-bln-ev-related-investments-2023-09-29/

SYA Price at posting: 8.2¢ Sentiment: None Disclosure: Held
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