Barriers to Entry for EV Market
- HUGE COSTS (engineering/designing a EV, setting up a advanced manufacting facility, marketing, government vehicle approvals)
- sourcing of parts, mainly the Lithium battery, with the way the Lithium/EV Market is going its going to be hard to find a consistent source of EV lithium batteriers unless your prepared with huge money
Only the big vehicle manufacters will attempt entry IMO
And VMT has a first mover advantage on the field
Profit yes profit, page-14
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add VMT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
-0.010(7.69%) |
Mkt cap ! $50.18M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $5.729K | 47.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 346019 | 2 |
View Market Depth
| Last trade - 15.33pm 15/10/2024 (20 minute delay) ? |
| VMT (ASX) Chart |