NVX 3.16% 76.5¢ novonix limited

I think there's enough market share to go around, where there's...

  1. 286 Posts.
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    I think there's enough market share to go around, where there's enough room for a lot of growth for Tesla's competitors.
    As well as the existing players, you have a lot of startups like Rivian, Nio, Xiapopeng,Lucid.
    If the EV market was not big enough, you would not have a lot of these startups wanting to lose money for the sake of it.
    Each company will have something compelling to bring to the table
    I think Nio has a battery swapping arrangement so you dont have to charge the battery as such.
    Novonix can still have presence with the different use cases of each company.
    Tesla has a head start...but it doesnt mean it owns 100 percent of the market , like how some people make out.
    Last edited by Pieman202020: 27/09/20
 
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