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Is EV demand going to pok? Was BMW's cautious EV strategy actually correct? https://www.forbes.com/sites/timtreadgold/2019/10/17/demand-crash-on-the-ev-highway-hits-battery-metals/amp/ 4,183 views|Oct 17, 2019,9:10 pm Demand Crash On The EV Highway Hits Battery Metals Tim TreadgoldContributor Asia A collapse in sales of electric vehicles in China has triggered a chain reaction up the raw materials pipeline and raised fresh questions about the short-term future of EVs without heavy-duty government subsidies. What rocked supporters of the EV industry earlier this week was a report from the China Association of Automobile Manufacturers that sales of new-energy vehicles, a description that include full electric and hybrids, fell 34.2% in September compared with the same month last year. Explanations for the sharp decline range from consumer concern about a reduction of government incentives to buy an EV, to lingering doubts about how far an EV can travel without a power top-up (range anxiety). Read more
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