SYR 1.61% 31.5¢ syrah resources limited

EV demand 2019 is starting to get traction.BYD targets 2 Q...

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    EV demand 2019 is starting to get traction.
    BYD targets 2 Q volume at 100K units, up from 75K first qtr. good trend, also Electric Bus startegy is kicking in.

    Year target is 650K units so production increases every quarter. Battery production will reach 30 GWH up from 13 GWH. To feed the upward trajectory advance purchase of raw material is essential. The snowball is just starting to roll down hill and gets bigger with every month in 2019.


 
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