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Re: Lithium Prices Fall Hard As China Stabs Electric Cars In the Heart

By: micro in POPE 5 | Recommend this post (0)
Mon, 25 Nov 19 5:17 PM | 40 view(s)
Boardmark this board | Pope 5 		Msg. 45344 of 62138
(This msg. is a reply to 45319 by capt_nemo)
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wouldn't the cost of the LITHIUM dropping like a rock actually make the electric vehicles less money to build and sell seeing as it is the lithium that makes up the rechargeable battery of the vehicles.

Wondering why this is would be a bad thing? Diect drive current, also known as DC,, actually makes an electric car pretty fast. I will not likely own one, but I cannot see why the price of hybrid vehicles wouldn't come down....

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The above is a reply to the following message:
Lithium Prices Fall Hard As China Stabs Electric Cars In the Heart
By: capt_nemo in POPE 5
Mon, 25 Nov 19 5:40 AM 		Msg. 45319 of 62138

by Natura Naturans All China did was end subsidies. That did it. No one will buy electric cars that are so vastly overpriced without a government subsidy. The same thing happened … Read more

http://www.investmentwatchblog.com/lithium-prices-fall-hard-as-china-stabs-electric-cars-in-the-heart/

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