MIN, PLS and AJM at full capacity can supply up to 8m electric cars a year!
Global car sales are around 80m each year.
1.22m electric vehicles sold in 2017 almost doubling from 2016.
As of September 2018 China alone have sold 2m electric vehicles this year.
Without even factoring in Home batteries, chemical catalyst, laptops, phones, medicines etc..
How will supply meet demand over the coming years...It won’t! This is why manufacturers are investing and signing offtake deals.
How did Morgan Stanley get it so wrong?
Financial Times article featuring PLS, page-3
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Last
$3.07 |
Change
-0.190(5.83%) |
Mkt cap ! $9.239B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.20 | $3.07 | $96.53M | 30.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 815921 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 309816 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |