PLS 5.89% $3.12 pilbara minerals limited

PLS chart, page-7342

  1. 2,618 Posts.
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    Yes they only make up 1% of new car sales market in Australia, but looking at that figure from one point of view is very naive.

    Australians actually love electric vehicles. Why?
    - Well whenever there is available stock of the Ioniq 5, they sell out in < 20 mins.
    - Over 12 months (24 months?) wait for a new Tesla
    - Used electric vehicles are selling for more than new ones.

    They above examples relate to demand. Which I believe is a more accurate indicator of a countries 'appetite' for electric vehicles.
 
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