Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

0.00%

78.0¢ avz minerals limited

Ann: Manono Project Operational Update, page-62

First 62 Last

Share
Profile

Follow
Roller62

8,980 Posts.

2107

12/02/20

23:39

Post #: 42899677
Share

Originally posted by GD4: ↑

Ianwil and Roller and others,

I have had many discussions/ arguments with many friends and family about Ev's in Australia and the overwhelming argument continues to be that we have a vast country in Australia and this creates our own problems in that we don't have the infrastructure to be able to make Ev's immediately work in Australia at the moment to travel thousands of km in regional areas.

I believe that Australia's take up on Ev's will be that most families will still have 2 cars, one will be electric which will be used for every day running around, and any time anyone gets in the car to go a short distance it will be in the low/no cost ( with solar) EV.

The second car will be something like an SUV which will be something that you can drive 1000 km and take on holidays without having to recharge at a place that might not exist or you might not know that it exists. Also you will need a vehicle that can tow your boat or caravan. How many grey nomads are going to be getting into an EV that won't tow a caravan ???

Think about it, if you are investing in a new car today or next year or the year after, it is going to be a difficult decision. Do I buy an EV, are they to expensive now, will a combustion engine vehicle hold its value, how much will fuel cost in 4-10 years. Will oil countries discount there fuel to capitalise on there countries resources or will fuel prices rise because they hang on to supply.

Fuel costs, Electric vehicle costs and combustion engine costs over the next 10 years are going to be very difficult for most consumers to be able to get a handle on me included.

I think if your your a long term investor in AVZ you are also investing in the fact that Battery technology will vastly improve over the next 2 years. I am not down ramping or up ramping here but I think if we can get to a hard cell battery as previously mentioned in an AVZ thread then this would considerably change the demand for Lithium and hence the AVZ share price.

Note that Australia is a small country in the EV world and this was only my take on how it will effect Australia.

Good luck all

Expand

There will be a transition zone from ICE to EV. There will be teething problems in this zone I would say were more charging stations are needed. It won't happen over night but it will happen.

The range issue with EVs will disappear. Some Tesla's already have the same range as ICE cars.

The government will probably need to encourage a change over by enforcing incentives.

I'm a little concerned about how to change over to EV while not incurring to much depreciation on the ICE car. Maybe I should be selling the expensive ICE car now and buying a cheap ICE car while waiting for a decent EV at a reasonable price.

Last edited by Roller62: 12/02/20

AVZ Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

RBA holds rates as ALP election campaigning kicks off – expect more political focus

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings