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...China has announced that it will scale back subsidies for...

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    ...China has announced that it will scale back subsidies for electric vehicles with a range of less than 300 km...

    Yes...So China will be going (it appears) to NCA or even possibly NMC batteries from their LFP previous choice...Because of China's more than 50% market share of EVs, this could quickly increase cobalt battery needs...At least, one would hope....IMO of course...
 
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