Price makers, or price takersWith ore bodies depleting, permitting, and putting into production upwards 15 years.
China has control of 80- 90 % of all minerals, and has by far the largest refining capacity.
Given the high price of a EV, and continuous lower grades of minerals. 3 years ago it took 500 tons of ore to produce a Tesla, it's now up 600 tons. What would it be like if they double the production of ev's
With all the talk of new battery gigga factors, where will the price point be for consumers affordability be?
Where will the profit be for manufacturers?
Even oil companies are price takers, I don't see huge money being made, only huge costs, and destruction to the environment