SYA sayona mining limited

I fail to see how an EV is not already cheaper to build. An EV...

  1. 4,492 Posts.
    lightbulb Created with Sketch. 9059
    I fail to see how an EV is not already cheaper to build. An EV has an electric motor and a battery, there are no pistons, no carburetors, no water pumps, no radiators, tail pipe, no gas tank, no catalytic converters, no engine block, no mufflers, and no pollution control components.

    Maybe i am over simplifying it a bit but basically we need an electric motor a drive train, and a battery, this has to be far less labor intensive than an ICE vehicle and at a cost of 65 kwh the average 70 kwh battery would cost only $4500, the electric motor itself weighs less than 200 lbs, it baffles me why an EV costs more than an ICE car.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.5¢
Change
0.001(3.57%)
Mkt cap ! $167.3M
Open High Low Value Volume
1.4¢ 1.5¢ 1.4¢ $141.9K 9.686M

Buyers (Bids)

No. Vol. Price($)
126 40720545 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 13506449 40
View Market Depth
Last trade - 10.51am 27/06/2025 (20 minute delay) ?
SYA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.