RE:RE:RE:RE:ForecastFully, good to see you around.
I used to believe the grid cant handle Ev's stuff back in 2019 and I totally think this is oil industry funded bs. Such big money involved and lots of misinfromation floating around.
China has cities with 25-30m people and 40%-50% Evs on the roads and those grids are handling it. Urban and not rural china that is hard into Ev's.
The biggest issue on Ev's has been cost and in 2024, Ev's will be cheaper in most markets.
Lithuim is 25% of Nov 2022 peak prices, copper is cheap and Ev manufacturing process is easier than combustion when dailed in, no tranmission or power train.
Tesla is further going to price war. Mark my words, by 2025 Tesla and BYD will eliminate one of the major auto companis into bankrutcy.