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I thought this chart from CnEVPost was fascinating too. Chinese...

  1. IanR
    40 Posts.
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    22/09/23
    22:47
    Post #: 69987663
    I thought this chart from CnEVPost was fascinating too. Chinese car sales have been basically flat for the past 3 years, so the growth in NEV sales is not as part of a growing market, rather increased NEV sales reflect decreased ICE sales roughly one for one. They are down around 30% in 3 years. At that rate, they’ll be pretty much gone by 2030.

    https://hotcopper.com.au/data/attachments/5601/5601072-20244a6850a548df2915686870fbde5a.jpg

    AKE Price at posting: $12.01 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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