[IMG] I posted this over at AUZ, but very relevant here as well....

I posted this over at AUZ, but very relevant here as well.

A massive 5 new EVs have been added to the market since mid 2017...and the EV sales are climbing strongly, with a very limited selection of EV's...I don't think one has to be an EV bull to get excited of what's in store once all the major Car Manufactures will start displaying all their new EV's in showrooms across the world, and we are not talking of just 5 new models but close to 100!!

* Charging network increasing/ expanding on a monthly basis around the globe
* Giga Battery manufacturing plants are nearing their planned output capacity, and new once are gradually coming online.
* The sheer economies of scale that are being created as we speak and the majority of those plants are/will be producing current chemistry batteries, so the bottom line will continuously improve simply by the sheer volume output capacity...the per unit cost will improve dramatically and the hyped up cost of the raw materials going into those batteries will be too embarrassing to ever mention again by some of those so-called experts...same goes for oversupply fear creators.
* As the benefits will become apparent that the above economies of scale will offer, combined with the realization by most that the range anxiety is not warranted... the majority of Ev's will be sold in urban areas, simply due to the fact that that is where most of the population now lives. By the time all the new EV models hi the read by ~ 2020 there will be substantially more charging stations available around the major centers worldwide...so a driving range of 30-400km, which most base EV models will have, will be accepted as being more than enough for ~90% of drivers, then when they get a taste of the cheaper running costs an EV will offer, there is no turning back.
* Those economies of scale of large volume battery manufacturing capacity (using current chemistries), combined with the headstart in infrastructure (charging stations) and an abundant choice of EV's (most car manufacturers will have some EV by 2020) will make it very difficult for a new battery chemistry or hydrogen to become cost competitive enough to replace current LiB's composition COMPLETLY.

The Cathode composition might change slightly, however the sheer scale of volume of Batteries that will be needed and produced by 2020 and onwards will catch many by surprise, and all those oversupply fears don't seem to allow for Battery Storage, which will be a massive sector by itself, so I really struggle to accept how oversupply will ever eventuate during the next decade. As you can see below, Graphite seems to have been overlooked by the supply chain, mainly due to the fact that China had enough to cover their needs, this, however, has no changes as well...47% of the raw material needed for a Battery is Graphite