Sharing some thoughts:
The down trend of the Li prices was also because of the news about China reducing the EV subsidies; hmm, in fact China shifted the subsidies to longer range EVs:
https://insideevs.com/china-updates-ev-subsidy-program-to-favor-long-range-bevs/
Incentives for all-electric cars depending on range:
This is on June exchange rates, however you can see the trend is bigger batteries which means more Li required.
- 150-200 km: 15,000 yuan (≈$2,330)
- 200-250 km: 24,000 yuan (≈$3,730)
- 250-300 km: 34,000 yuan (≈$5,280)
- 300-400 km: 45,000 yuan (≈$6,990)
- over 400 km: 50,000 yuan (≈$7,770)
What is fascinating is:
- Subsidies for the longer range EV, per km of range in 50% higher for 300-400km range than 150-200km
Wow, this is 50% higher subsidy per kWh
- Forums
- ASX - By Stock
- General Discussion Banter GLN
Sharing some thoughts: The down trend of the Li prices was also...
-
- There are more pages in this discussion • 15,756 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 GLN (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.26M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 857 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 26000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 0.115 |
3 | 55553 | 0.110 |
2 | 35000 | 0.105 |
15 | 881852 | 0.100 |
2 | 30000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 26000 | 1 |
0.115 | 90000 | 2 |
0.120 | 23122 | 2 |
0.125 | 125181 | 5 |
0.130 | 156433 | 6 |
Last trade - 16.12pm 06/09/2024 (20 minute delay) ? |
Featured News
GLN (ASX) Chart |
Day chart unavailable