CXO 2.22% 8.8¢ core lithium ltd

Industry Discussion - EVs / Battery Storage/ Lithium Market etc., page-24

  1. 2,145 Posts.
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    Just one point on Volvo and not discounting what you have said, They are now 100% owned by the Chinese company Geely.

    Similar to MG, A Chinese company has taken over a legacy brand which people who have little interest in cars (and just use them as transport for getting from A to B which has got to be something like %85 of buyers) would probably not know. So that is why they have such aggressive Ev implementation.

    Not passing a judgment either, Probably quite a smart tactic for those Chinese manufacturers to use a bit of a trojan horse to get market penetration.

    Its worth noting however because even though they share the name it doesn't mean the same quality will be there.
    https://www.carexpert.com.au/car-news/mg-5-receives-zero-star-ancap-safety-rating


 
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