The Rising Influence of Rising Affluence

[n4807g]

I'm less concerned about the state of EV sales and more concerned about the lack of progress in domestic mineral production to support growth. We are entirely reliant on off shore production, and I don't see that dynamic changing for many years to come. Control of the basic resource puts that country/entity in the proverbial Catbird seat. Today, that looks like China, Australia, Canada, Chile, Argentina, Peru, and a handful of unstable African and Asian countries. As the world pushes into "electrification", we're falling further behind in basic materials.