RE:RE:RE:RE:China Owns The EV Supply ChainHi MaterialsMan:
First off let me say that I agree with most of your post if not all. There are a lot of moving parts to this story. I was looking at Nouveau Monde two days ago and they are producing a small amount of graphite. They have some backing from Rio Tinto, one of the big boys which is owned by The Rothchilds. They will be a bigger player in the future, The Rothchilds have their finger in quite a few start up companies in this industry.
China is now the industrial manufacturing powerhouse and they have made it quite clear that they want a bigger piece of that pie and are developing the silk road to not only get their products to market but also return raw materials to the motherland.
The electric cars that the west produces are subsidized by our government, that means that the average citizen could not afford them. China is now shipping EV's to Europe and they will soon be here if they aren't already. The low end model sells for about $33,000 that makes them affordable for the public. If the quality is there the public will buy. I'm sure The Chinese who have waited a long time to introduce cars to the west wouldn't scrimp on quality. Once China dominates this market they will be able to undercut our auto market. The Chinese like they say are long term thinkers and they are positioning themselves for control. That should ring bells. Also remember Germany is de-industrializing because of the Russian gas being cut off and they are big high end car manufacturers. This will leave a huge void for the Asians to fill because they have three levels of EV manufacturing the $33,000 car I talked about is low end. CHEERS