RE:RE:RE:EV marketsIt looks like lithium will be lacking, although not many of these analysts talk about Portugal as a lithium supply for Europe. Why? And is it just sheer incompetence or is it a strategy to have an excuse later and say that because supply is low car, we car manufacturers must continue to sell ICE vehicles? When you need to amortize plants that were built for ICE and please your shareholders and investors or stay afloat, maybe car manufacturers are just happy to delay ev supply in a coordinated way. They might block Chinese competition to allow this like they have done with Huawei with g5 in the tech sector. We know how ICE worked at fooling us with bogus clean emission and bogus low fuel consumption figures. Vw got caught and made headlines, but they were not alone. Serious investigative journalists asked serious questions, but how many got to know. As an example, see this: https://youtu.be/3Elvgcdn0yc. This is serious journalism from France that exposes bad practices like w5 in Canada or 60 minutes in the U.S. do.
Wheeler wrote: Most analysts agree (like Lowery and Klein Moore etc) contend that there will not be near enough lithium mined over the coming decade to meet expected demand, it won’t even come close. Many companies, including car manufacturers will simply not meet the goals they’ve presently established because of a lack of lithium in all forms. JSL and Haber know this well, that is why they have not been in a big rush to get the Rose up and running til now. You will see other companies progress much faster than we did (FL for instance) because the market is now more favourable. The lack of investment in the Li industry will hold back the plans of several companies over the next 10-20 years. Jmho