Lithium prices (figure 2) have been the strongest performer in the metals space this year and have been supported by strong EV demand (figure 3) in China up 40% month-on-month to 596,000 units in June according to Macquarie Research (July 2022).
In addition, the penetration rate increased by 0.5% to 26.8%, reflecting continued customer adoption growth. In the US BEV/PHEV sales have also continued to accelerate, up 5% MoM and 71% YoY to 83,000 units, with an increasing penetration rate.
A similar story in Europe with EV sales reaching 165k units in June 22 representing a 20.2% MoM increase.
Lithium prices (figure 2) have been the strongest performer in...
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.3¢ |
Change
-0.003(1.72%) |
Mkt cap ! $309.8M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $98.44K | 687.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 142 | 3834194 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 1301718 | 40 |
View Market Depth
| Last trade - 10.41am 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
14.0¢ |
Change
-0.003 ( 2.44 %) |
||||
| Open | High | Low | Volume | ||
| 14.3¢ | 14.5¢ | 14.0¢ | 332195 | ||
| Last updated 10.58am 02/05/2024 ? | |||||
| CXO (ASX) Chart |