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ndp_2010

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29/09/22

09:48

Post #: 63936507
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Originally posted by RM8: ↑

"EV wave is coming but they simply need to be half the price they are now and then filter into the used car market before it really takes off."

If you are talking about the Aust market, maybe IMO, however most of the rest of the world is ramping up to full swing already.

Tesla's Shanghai factory is currently cranking out 20,000 Teslas a week. Then they have two US and one German factories. Tesla are not the dominant EV player in China.
Even Australia has more demand than people realise. When the model Y orders opened in June they reportedly received 12,000 orders on the first day.

Incidentally, Tesla is planning to release two models around 20-30K soon. When soon is is open to debate.

The figures going forward from all the EV makers - Tesla, Ford, GM, VW etc and BYD and other Chinese companies is massive.
Battery tech will obvious develop but for the foreseeable future there will be massive demand for Graphite, as the slides in the RNU presentations show.

But all that really matters ATM is RNU is still flying under the radar. The catch up to the Lithium awakening for Graphite and the superior companies that will produce PSG is imminent. When is imminent? Don't ask anyone involved in the development or permit approval of resource projects!

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its a new world for sure. in 5 years, many of the 18-20 year olds now will be buying cars and I dont think they hold the same mentality as the older generations. No one will want to buy a car that will be a paper weight in 5-10years

RNU Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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