LTR 5.95% 87.0¢ liontown resources limited

ASX Today, page-531

  1. 9,597 Posts.
    lightbulb Created with Sketch. 2577
    "Electric cars will be like solar panels the more they make the cheaper they will become..."

    You are correct and the more they are seen, the more acceptable (popular) they become, with less buyer resistance.

    However, it's advances in technology bringing battery price down that is critical, not the vehicle in and of itself.

    From memory, the power pack presently makes up approximately thirty-seven (37%) percent of the vehicle price, dropping to twenty (20%) percent by 2030.

 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.