The link to that web site is missing.
The figures in the article you quoted does indeed show the economy is slowing, but it also shows EV sales are increasing! In spite of the economic downturn!
What is likely to happen to EV sales when the economy picks up?
Remember the exercise I gave you?
See if you can find a 12 year old to check my calcs:
April 1-21 2023 2024 change 1 All cars sales 968182 852000 -12% 2 NEV sales 350000 420000 +20% 3 NEV% 36% 49%
Good News & Bad News, page-42217
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Last
$3.01 |
Change
0.075(2.56%) |
Mkt cap ! $9.135B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.08 | $2.97 | $47.97M | 15.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 283887 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 218998 | 28 |
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| Last trade - 12.19pm 01/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |