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172

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When Austrian economists talk about malinvestment, this is an example.

EV gets forced without organic demand. Production capacity is built anyway. Producer is left holding the bag. Surprise! Malinvestment.

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so, tear down the raw materials from the backlog of EV batteries and re-manufacture batteries for normal cars.

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Lead-acid and Lithium-flavoroftheday are different chemistries. While they share the function of creating electricity from stored chemical energy, the processes and materials aren't compatible.

Lithium batteries have their place, but you can't make prismatic lithium cells and expect to compete with the Chinese.