OTCQX:NTTHF - Post by User
Post by
superscepticon Nov 14, 2018 1:22pm
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Post# 28973756
On oversupply news
On oversupply newsSorry could not reply. Adds on Stockhouse covering reply...
In general assumption of oversupply came from analysts that seat in their warm office chairs and stare at stats.
They assumed that there won't be any issues, no production, all governments and agencies around the world will give automatic nod for every project of any size and nature and investors will give unlimited amount of $ for these projects, even weather will be complient with their reports....
Meanwhile, demand side is very quiet. Nothing happening, Germany just threw 1B of Euro to build battery factories
with support of BMW and VW; Volvo and BYD is in rush to expand, Israel building E-plane...
That's it for entire day of news!
https://auto.economictimes.indiatimes.com/news/auto-components/plans-for-electric-vehicle-battery-production-in-europe/66553905