SYR 3.77% 25.5¢ syrah resources limited

SYR Charts, page-1761

  1. 5,124 Posts.
    lightbulb Created with Sketch. 879
    Great news, especially BEV's out selling PHEV's 4 to 1. No wonder demand for spherical graphite is going through the roof. Taking into account my previous post

    China: Plug-In Car Sales Reach New Record In August 2021

    Almost every fifth new car registered last month was rechargeable.

    China achieved a new all-time monthly sales record of plug-in electric car sales in August, beating the previous one (from June) by 22%. In total, some 286,514 passenger plug-in cars were registered, which is roughly 187% more than a year ago. Not only that, as the overall car market was down 12% year-over-year, plug-ins significantly expanded their market share to 19% (including 15% BEVs and 4% PHEVs)! That's a very high level and we guess that in the last three months we will see even bigger records and market share beyond 20%.

    So far this year, over 1.6 million passenger plug-in cars were sold (significantly more than in all of 2020), which is 12.4% of the total market. BEV share stands at 10.1%.


    The total plug-in car sales in China might reach about 2.5 million in 2021.


    https://hotcopper.com.au/data/attachments/3627/3627325-141994c3886bc4741ceb04ff55cc3246.jpg
    Last edited by Proga: 28/09/21
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.