ASX Today, page-44728

@uweob59

I’m in two minds regarding the EU and its complex trade system when it comes to China. The effects of implementing tariffs against China’s influence is still up in the air in so far as what the implications will be for the overall world distribution of all business ventures relating to electrification, as well as any future unforeseen impact on the future EV market. There are countries such as Germany for example, who appear to be in some form of symbiotic relationship with the Chinese industrial complex, and therefore tariffs do not support their car market overall given its trading relationship with China.

Regarding everyone else, will the EU respond by encouraging manufacturers from all EU nations to move faster into EV production and therefore fill any expected void from reduced Chinese model deliveries, or will legacy car manufacturers take this as an opportunity to hang onto and even double down on the production of ICE vehicles?

I see the only way forward in all of this for European nations if they wish to continue the EV transition with tariffs in place, is to double down on legislation to push legacy carmakers into picking up their game.

Regarding the US, if the 100% tariffs come into play there, that will be another beast all by itself. At least for the time being, I see no real impact on LTR’s off-takes already in place, and therefore, hopefully we should be insulated from too much negative fallout down the track.

GLTAH.