OTCQX:NTTHF - Post by User
Comment by
neoscepticon Mar 25, 2021 10:35am
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Post# 32874803
RE:EV metals
RE:EV metalstiger,
Yes, we all waiting for VW entrance with its promise to make EV for middle class.
Now, BMW, AUDI, etc. adding models, but they mostly chopping Tesla's expansion and domination in premium market and creating extra demand in lesser degree. Many adding SUV's - Tesla's weakness. That will add, but can only double EV's in few years from now.
VW can become another game changer. Right now, most simply cannot afford Tesla, but do not want drive Leaf.
Another Tesla's weakness, no dealrship near you. Online order cuts the cost, but buying car is a big deal, sitting, test-driving, asking questions, and having customer support and mechanics in area is a different story.
If VW fullfil their promises this or next year, Li inventory excess will evaporate quickly. Battery manufacturers will start demanding production increase not to lose a huge opportunity.