I am looking at APE specifically focusing on the very long term impact of EV’s
Please add or correct.
eventually longer term Au will no doubt switch to EV’s (we are looking very long term…) EV’s require far less servicing, spare parts. (However arguably they won’t last as long as ICE engines the average age being over 10 years?? Nor do l like EV’s ~ assuredly my next car will be petrol…)
it looks like service & parts make up 16% of revenue. This looks consistent - so very long term (2034) we could suggest that revenue could start to reduce by 16%?
don’t know but that’s what the figures look like to me.
EV impact
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