“‘I think what you’re seeing is the slope changing in how fast people are willing to purchase EVs right now because they’re expensive and there is concern about charging infrastructure,’ Alan Amici, CEO of the Center for Automotive Research told NBC News.
‘If you’re an efficient automaker, you’re trying to match your production to demand. It doesn’t do anyone any good to fill up a yard with EVs that are not being sold.’
On average, it takes car makers three weeks longer to sell an electric vehicle than a standard gas vehicle, prompting companies to offer discounts and lower interest-rate deals to draw in buyers.
The price of lithium dropped by 90 percent since January of last year, and the demand for electric vehicles is already slowing and halting production of lithium and nickel mines.”
https://www.dailymail.co.uk/sciencetech/article-13100353/Slipping-EV-demand-forces-lithium-facilities-pause-production.html