Will anyone need to buy more lithium in 2019? Wouldn't this be nice!
The China EV sales count for January 2019 is in. China recorded 91,175 passenger electric vehicle sales in the month, and around 96,000 when adding on commercial vehicles sales. Meanwhile, with total vehicle sales dropping in China almost 16% year over year this January, gasmobiles continue their inevitable fall whilst EVs inexorably rise.
January is usually the slowest sales month, with typically well under half (or even a third) of the volume that EVs achieve in the last few months of the year. Given this historical pattern, we can plot January’s sales onto a trendline and get an idea of what kind of monthly EV sales we might expect towards the end of 2019: