Are we approaching a floor or is there some, are there dynamics at play like sort of Chinese overcapacity in terms of overproduction? And is that going to sort of come out the market and we'll see things tick back up? What's your, what's your take?

Yeah, great question.

I mean, and there's a few different elements to this one because, so it depends where you draw your line.

The last time I was on was actually 2022 and I was having a conversation with Q and it was about the, basically the massive spike in prices of lithium carbonate, which was sort of like post COVID rebound, basically.

So we were back in beginning of the war of Ukraine, COVID, all these sort of things.

Since then, 2022 down to end of last year, the cost of best systems fell by a factor of three.

So you can buy three times as many, when I say batteries, I don't mean the cell, I mean three times the system that you could have bought back in 2022.

And to fundamentally go further, we need to do something new.

Are we approaching a floor or is there some, are there dynamics at play like sort of Chinese overcapacity in terms of overproduction? And is that going to sort of come out the market and we'll see things tick back up? What's your take?

Yeah, great question.

I mean, and there's a few different elements to this one because so it depends where you draw your line.

The last time I was on was in 2022 and I was having a conversation with Q and it was about the basically the massive spike in prices of lithium carbonate, which was sort of like post-COVID rebound, basically.

So we were back in the beginning of the war of Ukraine, COVID, all these sort of things.

Since then, 2022 down to end of last year, the cost of best systems fell by a factor of three.

So you can buy three times as many, when I say batteries, I don't mean the cell, I mean three times the system that you could have bought back in 2022.

And to fundamentally go further, we need to do something new.