I hold CVN and hope for a good return but i think to say EVs are a long way from current reality borders on denial. Australians have a poor attitude to EVs but we, as a tiny market, will not dictate what happens in the automotive world.
A recent spate of announcements from the biggest names in the auto industry has put electric vehicle development front and center. Some carmakers have even pledged to release only all-electric or electrified vehicles — which include hybrid engines that run on electric power at least some of the time — by certain target dates.
http://mashable.com/2017/10/03/electric-car-development-plans-ford-gm/#D5e437lIPiqM
Suggest you have a look at this thread over at GXY
https://hotcopper.com.au/threads/latest-lithium-related-articles.3220922/#.WeLr9miCyHs
Why Buffet bets on fossil fuel highway, page-29
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Mkt cap ! $375.6M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.8¢ | $284.9K | 1.350M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 363996 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 140779 | 3 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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21.0¢ |
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0.000 ( 2.33 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 21.5¢ | 21.0¢ | 311543 | ||
| Last updated 15.38pm 24/05/2024 ? | |||||
| CVN (ASX) Chart |