The chip shortage has effected car production and sales to the whole auto market has a whole. That is really old news and way behind the information that all investors should have known and taken in consideration with stocks long ago. There is lot of shortages in different areas that are going to be effecting the way investments are examined. This includes ICE, EV's, and used vehicles EVERYWHERE. People seem to forget that even the ICE vehicles have become sort of hybrid with electric and won't be made, sold, operated, or repaired due to algorithmic, electrical control with involvement of the computer chip, and certain metals, etc.
But really doesn't have much to do with the future market of Lithium though, or the current supply quickly becoming less than the demand. That demand will continue even without any EV market and continue to increase value of LAC.
Every tool, modern tech, industrial, and home products has the demand for lithium and all different batteries that are needed and used. That's not even discussing other medical or other uses currently using lithium.
Why does one think that China has got the overwhelmingly control of all new tech batteries in the world market or why they have done yrs of this control and a large control of the land that produces lithium. They've known for a long time what demand is going to happen and is happening with that increase in demand vs supply.
So discussion of autos really doesn't have too much validity with the future profits or worth of LAC. Whether big oil or certain political factions slows down the transition of less dependency of oil, being paid off by the fossil fuel industry here in the US, the rest of the world mainly Europe and Asia will move on and leave the US in the dust when it comes to that. They already are, which will have nothing but positive effects for LAC. Even US auto maker know this and will be selling more EV's to other countries regardless of any market here in the US.
I suggest anyone not in awareness to these factors already and expressing really old news go back or start to learn better investing and research processes.
Kleptocrats: a ruler who uses political power to steal his or her country's resources.
Kleptocracy: government by those who seek chiefly status and personal gain at the expense of the governed.
