TLG 0.74% 67.5¢ talga group ltd

A lot is coming out of Germany ATM, BMW VW and Audi apparently...

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    A lot is coming out of Germany ATM, BMW VW and Audi apparently all back peddling on EVs and how they are going to experience a decline in ev sales this year.

    But also mentioning that if they don't get their act together then they will miss their emission targets for 2030.

    Europe is so slow in doing anything. It's going to be over 12 months before their report into China and whether they are helping their car makers and battery makers be able to sale at their low competitive prices. probably be another year before they decide to do anything.

    it really doesn't look good long term for the German auto industry. But hey leaves alot of space for those Tesla's. BYDs and Korean companies to set up shop there.

 
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