I like your pretty optimistic take. I'm not convinced but I want to believe, and that's an interesting take.

One critical correction though: BYD makes 16% of the world's batteries. And makes cars. So there is vertical integration in play. https://cnevpost.com/2026/02/04/global-ev-battery-market-sha...

Ford and Stellantis are meanwhile busy trying to partner with Chinese companies, to make their own battery factories. Even though it seems like maybe they'll end up making more batteries for stationary power than for vehicles.