Resale value?
Although we lag other countries, people are just starting to wake up to this.
All recent article from Australian publishers.
https://www.drive.com.au/caradvice/used-electric-car-prices-fall-after-two-years-data-finds/
https://premium.goauto.com.au/ev-retained-value-losses-confirmed/
And, heaven forbid, if we dare venture overseas...
"bad news" is in this article's title, so absolutely relevant for this thread?
https://finance.yahoo.com/news/polestar-ceo-identified-major-flaw-115308841.html
Rental car and leasing companies are rejecting EVs because of the terrible resale value, which is completely at odds with how their businesses operate over a 3-4 year cycles.
And what about Hertz?
https://edition.cnn.com/2024/03/18/business/hertz-ceo-departure-ev/index.html
And so on.
Bad news for EVs = bad news for lithium stocks.
Just as well we have a Good News and Bad News thread to post in
Quod Erat Demonstrandum
Resale value?Although we lag other countries, people are just...
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.94 |
Change
-0.060(1.50%) |
Mkt cap ! $11.85B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $3.98 | $3.92 | $45.64M | 11.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 124367 | $3.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.94 | 285456 | 7 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$3.94 |
Change
-0.060 ( 1.94 %) |
||||
| Open | High | Low | Volume | ||
| $3.97 | $3.98 | $3.93 | 3821476 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| PLS (ASX) Chart |