Who wants to have a $1 Party?, page-8

So currently about 24m cars are sold in China each year, which is low considering the number of people in China (1.4b). As a comparison the U.S market which is about 325M people sell approximately 17m cars per annum, or in percentage terms 5% of the population purchases a new car each year.

If those same numbers are used in China, and we see the same strong growth in demand for vehicles in China, then in 10-15 years we could well see something like 70M new vehicles sold per annum, most of which would conceivably be electric vehicles.

Holy shit is all I can say. And god damn i'm comfortable being invested in lithium stocks.