Episode #44 - A Long Discussion about VW, a recap of November sales and 2022 projected sales

Tu & Lei start this week's discussion about the recent Volkswagen Group news including new China CEO-elect Ralf Brandstatter joining in mid-2022 and the challenges ahead for the organization. 

They then move onto November & 2021 EV sales numbers for China and the US and China's projected 2022 sales numbers. And put to bed whether we've reached the tipping point for EV adoption in China. The answer is a very confident - YES!

They move onto the Ford Mustang Mach-E delays potentially causing the excitement and hence sales momentum from building. 

Tu notes that battery supply constraints could push battery prices up until supply/capacity has increased which may not happen until well into 2022.