Off Topic WSJ: Why Americans Can’t Buy Cheap Chinese EVs as Millions Sell Around the World

[Freedom55]

O.K. Honda is not a Chinese manufacturer but they're catching up with the EV trend. Not sure what will happen with them sharing GM's Ultium platform?

Honda considering $18.4B electric vehicle and battery plant in Canada: media report - BNN Bloomberg

Honda Motor Co. Ltd. could invest upwards of $18.4 billion in an electric vehicle plant in Canada, according to a report from a Japanese news outlet.

www.bnnbloomberg.ca

 

[Freedom55]

This could be the answer to fight against the cheap Chinese EV if Tesla's plans materialize.

https://www.reuters.com/business/autos-transportation/tesla-plans-build-new-electric-vehicles-mid-2025-sources-2024-01-24/

 

[Freedom55]

Lithium price has been dropping significantly in the past year so there's hope for more affordable batteries used in EV, hybrids and PHEV.

Daily Metal Price: Lithium Price Chart (USD / Kilogram) for the Last Year

Daily Metal Price: Lithium Price Chart (USD / Kilogram) for the Last Year. Chart daily metal price movements in multiple units.

www.dailymetalprice.com