Sure, but until "refueling" an EV is as convenient as fueling a car - that is no more than 5 minutes effort and you're good to go, this isn't going to go anywhere.
A bigger problem economically is that when you get a barrel of crude oil and you fractionate it (refine it), you get roughly the same proportion of things and stuff -roughly 20% of a barrel of oil is petrol, 10% diesel, 2%LPG, 4% jet fuel and so on. If say 15% of the drivers in oz went and bought EVs, the price of petrol would plummet, reducing the economic case for additional people to buy EVs because suddenly that amazing v8 only costs about $20 to fill.
The reality is that lithium stocks only growth comes from growing the number of cars - not converting existing cars from chemical fuel to battery.
Don't ramp yourself, man
- Forums
- ASX - By Stock
- PLS
- Lithium Demand surge
Lithium Demand surge, page-251
-
-
- There are more pages in this discussion • 2,484 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.16 |
Change
0.105(3.44%) |
Mkt cap ! $9.516B |
Open | High | Low | Value | Volume |
$3.21 | $3.26 | $3.08 | $66.61M | 21.05M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 151620 | $3.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.16 | 67688 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
68 | 197642 | 3.150 |
39 | 338940 | 3.140 |
47 | 293841 | 3.130 |
20 | 267352 | 3.120 |
42 | 185289 | 3.110 |
Price($) | Vol. | No. |
---|---|---|
3.160 | 102405 | 53 |
3.170 | 287161 | 41 |
3.180 | 224409 | 20 |
3.190 | 134224 | 45 |
3.200 | 293546 | 28 |
Last trade - 15.10pm 07/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
PLS (ASX) Chart |