EV Fan
04-29-2020, 10:28 PM
http://www.electricvehicleparade.com/storage/post-images/200424chinadend001.png?__SQUARESPACE_CACHEVERSION= 1587755533767 (https://www.bloomberg.com/)China's overall sales are down, but alternative energy vehicles have been increasing through 2016 to 2019, as last year was flat. (Source: Bloomberg)
While oil barrel prices dominate recent energy headlines, the other big story for 2020 will be lithium and demand for it going forward. A recent article on Bloomberg.com, “China’s EV Slowdown Deepens Debt Woes at the Top Lithium Supplier (https://www.bloomberg.com/news/articles/2020-04-15/china-s-ev-slowdown-deepens-debt-woes-at-top-lithium-supplier?sref=4d0kmQ2Y),” reveals how Ganfeng Lithium Corp and Tianqi Lithium Corp. are issuing profit warnings due to low demand in China now and in the future:
More... (http://www.electricvehicleparade.com/blog/2020/4/24/china-lithium-suppliers-watching-demand-signals.html)
While oil barrel prices dominate recent energy headlines, the other big story for 2020 will be lithium and demand for it going forward. A recent article on Bloomberg.com, “China’s EV Slowdown Deepens Debt Woes at the Top Lithium Supplier (https://www.bloomberg.com/news/articles/2020-04-15/china-s-ev-slowdown-deepens-debt-woes-at-top-lithium-supplier?sref=4d0kmQ2Y),” reveals how Ganfeng Lithium Corp and Tianqi Lithium Corp. are issuing profit warnings due to low demand in China now and in the future:
More... (http://www.electricvehicleparade.com/blog/2020/4/24/china-lithium-suppliers-watching-demand-signals.html)