The big news last week was Blinken's China visit, and full scale trade war in effect, I believe. The US can't fight another actual war at this time, so a trade war will have to do. As to parts coming in through a 2nd party (South Korea), well probably not if the US are serious. Likewise for Europe, I don't see any Chinese EVs coming in to Europe in future.
Blinken said the Chinese produce more than 100% of world demand for EVs, so that is probably true and explains current market conditions.
The big news last week was Blinken's China visit, and full scale...
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Last
47.0¢ |
Change
-0.010(2.08%) |
Mkt cap ! $201.6M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.0¢ | 46.0¢ | $185.7K | 389.1K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1309 | 46.0¢ |
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| Price($) | Vol. | No. |
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| 48.5¢ | 13359 | 1 |
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| TLG (ASX) Chart |