Good news
https://www.zerohedge.com/commodities/lithium-prices-plummet-global-supply-concerns-diminish

Most Major Automakers Slash Prices In China As Demand Stalls
https://www.zerohedge.com/markets/stock-clearance-most-major-automakers-slash-prices-china-demand-stalls

Move over Tesla: both Ford and GM are also trying to take a page out of the 'price cut' playbook that the EV manufacturer has been (successfully) running in China over the last couple months. 

The move is coming after lifting pandemic controls failed to spur significant demand in China, the Wall Street Journal reported this week. Ford and GM will be joined by BMW and Volkswagen in offering the discounts and promotions on EVs, the report says. 

Retail auto sales plunged the first two months of the year and automakers are facing additional challenges in trying to transition their business models to prioritize EVs over conventional internal combustion engine vehicles. 

Ford is offering $6,000 off its Mustang Mach-E, putting the standard version of its EV at just $31,000. Last month, only 84 of the vehicles were sold, compared to 1,500 sales in December. There was some pulling forward of demand due to the phasing out of subsidies heading into the new year, and Ford had also cut prices by about 9% in December.