SYR 2.27% 21.5¢ syrah resources limited

Analyst have been touting super demand for EV's since 2010 and...

  1. 250 Posts.
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    Analyst have been touting super demand for EV's since 2010 and only in the past year has sales hit ~ 2 million EV's world wide with 92 million standard and Hybrids being sold. When you go on pure market data on sales, w/o government subsidies, there is NO indicator outside of China that shows EV's overtaking standard vehicles anytime soon (despite the hype of surpassing standard vehicle sales by 2040). EV's are expensive, only practical for urban regions, and require vast amounts of power generation to survive.

    My comments on insolvency are discussion reference to other industries around the world following the same financial pat and the inevitable, not indicative of SYR.

    See the latest new release from the EU to support the slow trek for battery production.

    Focus on market facts and not analysts hype and more financially sound success stories will emerge.

    https://www.electrive.com/2018/10/10/battery-cell-production-in-germany-hung-out-to-dry/
 
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