Yeah there are reasons to remain cautious about EV sales and ultimately the Lithium price. I read this one a few days ago.
https://do not advertise external sites/Article/3908841/Chinas-NEV-output-sales-in-fifth-consecutive-annual-decline-in-November.html
Edit that link is from metal_bulletin_.com (remove the underscores)
"China produced 110,000 new energy vehicles (NEVs), including pure electric vehicles (PEVs) and plug-in hybrids, in November 2019. This is down by 36.9% from November 2018, according to data released by the China Association of Automobile Manufacturers (CAAM)."
"In November, Chinese automakers produced 75,000 PEVs, down by 28% from the corresponding month last year, while plug-in hybrids made up 13,000 units, down by 64.6% year on year."
"Sales of NEVs totaled 95,000 units in November, down by 43.7% year on year. PEV sales fell by 42.1% to 63,000 units, while sales of plug-in hybrids were down by 56.1% to 14,000 units from a year earlier."
"Over January-November this year, Chinese manufacturers produced 1.093 million NEVs, up by 3.6% from the corresponding period a year earlier, and total sales were 1.043 million units over the same 11 months, up by 1.3% year on year."
"In the same 11-month comparison, output of PEVs rose by 18.6% to 783,000 units, while output of plug-in hybrids decreased by 18.7% to 196,000 units. Sales of PEVs were up by 11.8% to 729,000 units, while sales of plug-in hybrids totaled 206,000 units, down by 11.9%."
An alternative article about it: https://technode.com/2019/12/13/china-nev-november-sales/
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