“The whole industry is cratering”
LOL yeah sure!
Milestone penetration rate records being hit:
A quick market analysis between April 1 and 14 shows that EV sales account for more than 50% of all car sales in China. This is a huge milestone that was not coming before 2028, at least according to some analysts.
https://m.arenaev.com/chinese_ev_car_sales_surpass_50_for_the_first_time_ever-amp-3445.php
Summary for April 2024:
Plugin vehicles are all the rage in the Chinese auto market, with plugins scoring 703,000 sales (in a 1.6-million-unit overall market). That’s up 27% year over year (YoY).
—
NEV sales in China within the context of total car sales.
Note:
1/ the recurring annual volume patterns
2/ the increasing penetration of NEVs
Puts some perspective around the “EV sales are down” narrative:
…feel free to post global data.
good luck
“The whole industry is cratering” LOL yeah sure! Milestone...
-
- There are more pages in this discussion • 75 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $80.57M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $420.7K | 2.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 334361 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 259700 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GLN (ASX) Chart |