With the likes of Tesla in full EV production capacity and...

With the likes of Tesla in full EV production capacity and gigafactories popping up yearly those EV sales forecasts in the article referred to by Oz post, as I said before are highly inaccurate. Lol they predict 2M for 2019 and that has already been surpassed in 2018! Perhaps Oz you should try doing some proper research before posting yet more misleading information?

The numbers are clearly manipulated to help project reduced cobalt growth so they faked 2018 and overstated 2017 to show 30-35% growth in 2018 when in fact it was 70%. Now with Tesla at maximum production for the entire year plus other manufacturers coming on stream the forecast for 2019 is up to 3.5M EVs. That’s around 75% growth which I’ve posted previously a few weeks ago. China ramping up EV quotas and VW commencing EV sales also supports a steeper EV growth curve.

Accordingly we can expect cobalt consumption to escalate much higher than those dodgy analysts are under predicting. Looks like a Morgan Stanley style attempt at oversupply fake news only this time it’s cobalt.

Note the accuracy and detail of this sales report down to EV models...

https://insideevs.com/global-sales-in-december-full-year-2018-2-million-plug-in-cars-sold/

Thanks to the superb end of the year, the year 2018 closed with 2 million sales! The estimated result stands at 2,018,247, which is 72% more than a year ago at an average market share of 2.1%.

All-electric cars took 69% of sales, while PHEV 31%. Such high advantage for BEVs has not been seen since 2011.

Next year result is expected at 3-3.5 million with a monthly record maybe at around 500,000.

Global Plug-In Electric Car Sales – December 2018