Agree - the demand side of things is hugely underestimated....

Agree - the demand side of things is hugely underestimated. Remember, EV v ICE cars are not a straight 1:1 substitution from the purchasers perspectives' (I think Tony Seba recently made this point). EVs will be (if they aren't already) materially superior to ICE cars soon. I think this is why we are seeing some stalling of ICE sales in the market (US, China) - many car buyers are holding off on buying a new car because they are waiting for a cost competitive, and superior, replacement EV. I suspect increasingly there will also be the nagging feeling that in this disrupting market, many will be stranded with ICE vehicles which nobody will want and have little book value when one tries to sell one's ICE car. In fact Tony Seba again makes the point that your ICE car in the future will have a negative value - you will pay for someone to take it away! How disruptive is that. I think we are very very close to the market's inflection point for EVs....