PLS 1.57% $4.09 pilbara minerals limited

It's not just BYD; the entire industry in China is set to...

  1. 2,833 Posts.
    lightbulb Created with Sketch. 1043

    It's not just BYD; the entire industry in China is set to compete with western car manufacturers and based on what we have seen in virtually every other sector where manufacturing is involved, Chinese logistics, scale and cost will beat out almost every other location.

    See this from the Carexpert visit to the Beijing Auto show.........quality at least on the face of it is not an issue, it's the reputation that they are going to have to build up (and some of that is going to be alleviated with long term warranties)
    https://www.carexpert.com.au/opinion/why-chinas-latest-motor-show-showcased-our-future-in-australia

    EVs in the China new car market already make up north of 40% of sales........economics (fuel prices) along with carrots (govt mandates/incentives) in Aus and Europe is going to help drive EV sales in those markets
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$4.09
Change
-0.065(1.57%)
Mkt cap ! $12.26B
Open High Low Value Volume
$4.14 $4.15 $4.07 $46.58M 11.37M

Buyers (Bids)

No. Vol. Price($)
71 380283 $4.08
 

Sellers (Offers)

Price($) Vol. No.
$4.09 142619 46
View Market Depth
Last trade - 14.36pm 22/05/2024 (20 minute delay) ?
Last
$4.08
  Change
-0.065 ( 2.03 %)
Open High Low Volume
$4.15 $4.15 $4.07 3216831
Last updated 14.54pm 22/05/2024 ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.