SYA 5.26% 3.6¢ sayona mining limited

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  1. 10,873 Posts.
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    or we could become a bloated poor nation dependent upon China for our transportation options. China doesn't just want to "sell EVs" it wants to destroy the economies of the USA, Germany, France (and if lucky Japan, Korea and most of SEA).

    Auto OEMs are absolutely critical to those economies. The car industry is Germany's largest industrial sector, Just the car industry is/was ~4% of Germany's GDP and is around 20% of exports.

    https://hotcopper.com.au/data/attachments/6235/6235817-c0dd78fd3255c4266c31d796ddbde1ea.jpg


    China is an "existential threat" to the global non-China auto industry.

    https://www.instituteforenergyresearch.org/renewable/chinese-electric-vehicles-pose-an-existential-threat/


    I'll throw a plug to Mitsubishi ... proud and extremely happy owner of PHEV .... Eclipse Cross ... great for my mostly (80+%) town driving of less than 10,000Km per year, but also great on a trip to the SE Victoria wine region. MG, GWM, BYD never even got any consideration as a purchase option.

    Please don't feed the Chinese monster.
 
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