Cutting a subsidy by less than a third is not cutting a subsidy. BEV’s are expected to have a lower overall operating cost over their lifetime because they do not have ICE to maintain and hybrids carry both ICE and EV maintenance requirements. So it makes sense that incentive subsidies will no longer be needed at some point when the already existing cost benefit is incentive enough for the transition.
CLQ Chart/Price, page-105
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Last
49.0¢ |
Change
-0.003(0.51%) |
Mkt cap ! $44.21M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 51.5¢ | 44.0¢ | $13.01K | 27.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 2801 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| SRL (ASX) Chart |