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WoodySpoon

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29/07/24

10:41

Post #: 74959194
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Originally posted by Bishkek2017: ↑

The article below is about a Mitsubishi Motors joining in an alliance with Nissan and Honda
to collaborate in the production of EV components.
I believe we may see a bit more of this type of collaboration within the industry to enable western vehicle manufacturers to reduce costs and compete with the Chinese.
It should also bring down the cost to consumers which can only be a good thing for an increase in EV sales and therefore an increase in demand for critical minerals like Graphite.
I think the RNU shareholders who stay the course will eventually be rewarded. From what I have read to date there is an inevitability of not stopping the transition from oil based vehicles to EVs . The timing may be slower than what was initially predicted however it is occurring.

https://www.reuters.com/business/au...da-nissan-alliance-nikkei-reports-2024-07-28/

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Anyone car shopping and not buying a BYD atm is crazy IMHO. GREAT build quality, cheaper than the rest, better than the rest, no petrol bills.
And if you have solar on the roof the deal is just insanely good. You reduce your petrol bill to zero.

RNU Price at posting: 8.9¢ Sentiment: None Disclosure: Held
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