The last quarter in Australia, June 2024, reveals the car market had an increased 13% car repossession rate.
Quarter before that one had a 11% repossession rate.
So this will affect all types of cars (including EVs).
So with EVs sales treading water, as the share prices of lithium producers, for awhile to come.
Just a thought.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-221
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