I feel like the problem is not China EV sales but its the rest of the world.
The rest of the world needs to start having a bigger uptake and honestly it is a bit worrying because economically things are not great and also from an automotive perspective, most of the major traditional automotive companies are not ready and aren't able to compete with china cars.
Is the western world ready to embrace china made cars on a wider scale?
Western companies may lobby for delays to EVs which may slow the demand down.
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-3509
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
94.5¢ |
Change
0.045(5.00%) |
Mkt cap ! $2.291B | |||
| Open | High | Low | Value | Volume |
| 90.5¢ | 95.5¢ | 90.0¢ | $12.70M | 13.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 116447 | 94.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 33526 | 4 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |