NVX 0.60% 83.0¢ novonix limited

The North Amercia car market is in the state of flux at the...

  1. 688 Posts.
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    The North Amercia car market is in the state of flux at the moment.
    I suppose China on track to gain 70% of the battery market, and 70% of the global car EV market.
    In the end it depends how serious USA is about having a supply chain.
    Problem at the moment is that SG is cheap, and NVX probably does not want to
    have long term supply contracts which are to its disadvantage.
    I suppose it should have some contracts enough to build plants, and leave enough
    to catch the upside in price.

    Unfortunately, this is looking more and more like a bottom draw 2 year stock, for 2025.
    See you in 2 years.
 
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