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Strategies & Market Trends : The Aristocrats (tm)

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To: sense who wrote (2216)	2/15/2021 11:31:11 PM
From: sense	Read Replies (1) of 5606

McKinsey: global plunge in EV sales... Current to the first quarter of 2021... Sales down in Q1 2021... have plateaued at 2 million EV's globally... Penetration at 2.5% of the market... Sales in Europe are up... down elsewhere... Mostly useful in pointing out that battery production has to increase to enable growth... and the battery producers... and their suppliers... have to grow JUST AS FAST AS... and make money... while the auto makers grow but continue to lose money... Look for potential in the mineral producers... first... the battery makers, second... new battery technology innovators, third... but the EV makers won't be worth buying until the market crash gives an opportunity.

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