- company is undervalued - global EV sales rebound in May and will continue to do so. - new EV incentives introduced in Germany, France the Netherlands + EU plans to boost EV adoption, extension of incentives in China + new incentives on level of municipalities - continuous announcements of new battery megafactories, now 142 in the next ten years according to Benchmark - improvements in battery technology and cost, see BYD blade battery, Teslas battery day, GMs new battery tech, Samsungs solid state battery etc. etc. - rollout of many new EV models in the next years and commitment of OEMs to maintain investment plans into EV development. - short buybacks
