PLS 5.83% $3.07 pilbara minerals limited

I wasn't referring to the value or which is better than the...

  1. 443 Posts.
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    I wasn't referring to the value or which is better than the other.

    The fact is momentum is with EVs and ICE cars will go out of production at some time. Already a number of major manufacturers have said they will cease production by 2030.

    My point is, if by 2025 EVs are 50% of sales, a buyer will have to ask what will an ICE car be worth by 2027 or 2028 when EV sales are likely to be 70-80%. At this stage they may rethink buying an ICE car for that reason, even if they like them more. I also feel that its likely some manufacturers will bring forward the finish date if sales drop far enough.

    At some stage one would think there will be a glut of used ICE cars causing them to rapidly lose value.

    Just one opinion, I know there are many others.

 
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