And? the Chinese end of the car production industry knows that the Chinese Govt is deliberately (via time reduced subs) thinning out startup to drive to a concentrated production output. NIO is one of "many" producers it like the others inc top names like Tesla and BYD will need to perform to survive. It is a good representative article as to the state of play in China and it will be interesting in tIme to see the winners, NIO are well and truely in the ICE disruption race.
Cause for concern?, page-5
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |