"china has built the capacity to manufacture 40 million vehicles a year but the demand is not even half that."
These guys have an explanation for that
"china has built the capacity to manufacture 40 million vehicles a year but the demand is not even half that."
https://cnevpost.com/2024/04/30/china-new-energy-products-no-overcapacity-state-paper/?utm_source=substack&utm_medium=email
but I would not trust them any more than your source
"china has built the capacity to manufacture 40 million vehicles...
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.19 |
Change
0.050(1.59%) |
Mkt cap ! $9.450B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.19 | $3.14 | $17.45M | 5.504M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 245181 | $3.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.19 | 248819 | 37 |
View Market Depth
| Last trade - 10.46am 18/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$3.21 |
Change
0.050 ( 2.19 %) |
||||
| Open | High | Low | Volume | ||
| $3.18 | $3.21 | $3.14 | 2668694 | ||
| Last updated 11.04am 18/06/2024 ? | |||||
| PLS (ASX) Chart |
