Just have to look at the Third Plenum Meeting and the consequences of ‘NQPF’ - pretty astounding for energy storage.New energy sector the greatest contributor to Chinese economic growth now.
https://www.carbonbrief.org/qa-what-chinas-push-for-new-quality-productive-forces-means-for-climate-action/
BYD record profits and record NEV vehicle sales up 57% from Q1- and those predominantly within China. As brand- passing now Nissan and Honda, set to pass GMH and Ford soon. https://x.com/electrekco/status/1828882234394231086?s=12&t=tV1K9QgZkz_94ygcSYKv8w .
And that’s without the enormous export markets -they not even in play yet.
All this relies on lithium chemicals wherever it is. China is now bound to it.
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