Tassy, in my opinion, this is the single biggest catalyst the government has released since this battery revolution started.
For those who haven’t been following this, here is a link to a free article on it. It even mentions a partner.
https://electrek.co/2023/12/01/evs-with-chinese-parts-wont-qualify-for-the-full-7500-tax-credit-from-2024/
Tesla has been receiving this benefit for some time now, this tax credit has essentially been making teslas 7500$ cheaper than any of its competitors cars. There was speculation that this tax credit would end this year and because of that, Tesla would take a hit.
Electric cars are expected to make up 9% of car sales in America for 2023, this will be a record.
But government incentives like this can amplify that number, for example, Norway is expecting over 80% of its car sales to be electric for the same period.
This is why a TO from a government controlled, Chinese company should be considered a bad outcome, it would strip most of PCs progress over his time.
Exciting times for all non FEOC battery supply chain businesses.
- Forums
- ASX - By Stock
- VRC
- FUTURE POTENTIAL V3
FUTURE POTENTIAL V3, page-583
-
- There are more pages in this discussion • 190 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRC (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.63M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $1K | 250K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 38582881 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 5589474 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 38582881 | 0.003 |
15 | 20051715 | 0.002 |
8 | 17650001 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 5589474 | 2 |
0.005 | 23843698 | 19 |
0.006 | 9198502 | 16 |
0.007 | 11063001 | 6 |
0.008 | 4989155 | 7 |
Last trade - 14.09pm 27/09/2024 (20 minute delay) ? |
Featured News
VRC (ASX) Chart |