I hadn't seen the survey post on LTH... I just clicked the thumbs-up and became #58 (holder from 2016 till at least 2025, according to my plan). I suspect there are many others who didn't see it, didn't read to the end of it, or just don't use HC.
I think if you are waiting for India to adopt EVs on a large scale, you will be holding your shares for much longer than me! It's still a very poor country, the roads are terrible, the power grid would not sustain large-scale charging, there's almost no domestic EV production, no rooftop solar, etc. etc.
The number of charging stations in Mumbai is approximately 200-300 - say around 4 posts each, that's about 1,000 charging posts. In Shanghai, there are 60,000.
There will be much better uptake of electric motor-cycles ("two wheelers") and auto-rickshaws, which have smaller batteries but higher volumes.
My conclusion is that India's EVs won't materially affect the lithium market for a while yet... but the market doesn't need India for demand to outweigh supply and for prices to remain high.
Figaro
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-21982
-
- There are more pages in this discussion • 17,169 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.4¢ |
Change
0.001(1.08%) |
Mkt cap ! $200.8M |
Open | High | Low | Value | Volume |
9.4¢ | 9.7¢ | 9.3¢ | $1.039M | 10.90M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 788327 | 9.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 42707 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 693221 | 0.094 |
28 | 1890077 | 0.093 |
25 | 1844773 | 0.092 |
37 | 2598885 | 0.091 |
62 | 4196782 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 331260 | 3 |
0.097 | 153609 | 3 |
0.098 | 641349 | 8 |
0.099 | 1475891 | 6 |
0.100 | 3341029 | 23 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online