I won't bore you with more lengthy details of the Global EV market. Three points I would like to highlight. 1 BEVs have maintained stellar growth figures globally while PHEVs sales have been falling in some instances as they are increasingly being viewed as an unnecessary half measure. 2 Tesla has been showing incredible sales volumes globally in recent weeks and production of its cars in China is now coming online. 3 Chinese BEV production and sales figures are highly cyclical and we are now approaching the bumber months of November & December.
GXY Price at posting:
94.0¢ Sentiment: Buy Disclosure: Held
