AVZ Discussion 2022
- Thread starter GazDix
- Start date
JAG
Top 20
I'm still waiting for his $10 price prediction for Pilbara Minerals to come true
DiscoDanNZ
Regular
Go on do it mate!Maybe someone should start a new AVZ thread on the crapper.
"AVZ best Li performer on the ASX"
Fair enough it a waste of time for the most part.I've only made a handful of posts on the crapper in the last month of two and rn I just don't have the will to read the trolls dribble
Still can't fathom why our market was red today! Hard to compute after US was up last night.
Pokitren
Emerged
Yes, it looks like a slow, drawn-out dropе. Buy food that can hold for a long time! It's a bargain
market is incredibly fragile at the moment, we need a good flush otherwise this slow grind and bleeding is just going to continue. I certainly fear that the macro environment is so bad that whatever positive news avz come out with will be discounted and sp will be crushed. I hope I'm wrong. this suspension is a killer.
obe wan
Regular
As per usual , it’s started to crap itself as soon as the US futures started to run red . Everything US markets do or looks like it’s doing ; ASX lemming follows
Attachments
Frank
Top 20
and......CXO is suffering from the curse of entering the ASX200 followed by positive news ...
Tesla lithium supplier targets first shipment by year-end
Australia’s Core Lithium, which counts electric vehicles giant Tesla among its future costumers, is planning to send its first shipment of the key battery material by the end of the year.Once online, Finniss will be the first Australian lithium-producing mine outside Western Australia.
Most of the world’s current lithium output is locked away in long term deals as downstream chemicals producers, battery makers and EV companies are frantically trying to secure future supply.
The world’s top automakers, from Tesla to Volkswagen to Toyota, have said they need an ever-growing supply of battery materials to accelerate the roll-out of EVs.
Experts expect demand for the battery metal coming from the sector to account for almost three quarters of its consumption by 2030, up from 41% in 2020.
They have also warned that the world’s shortage of lithium would last for another three years at least, but with the cancellation of Rio Tinto’s Jadar project in Serbia, the shortfall would now last for several years.
Kia picks batteries from CATL
South Korean automaker Kia Corp will use batteries from China’s CATL in an electric vehicle (EV) to be sold domestically, a newspaper said on Wednesday, in what would be its first use of non-Korean EV batteries for local sales.
Kia, an affiliate of Hyundai Motor Co, has chosen batteries from CATL – Contemporary Amperex Technology Co Ltd – for its electric Niro crossover SUV in a move to expand its range of battery suppliers, Hankook Ilbo newspaper reported, citing an unnamed Kia official.
CATL, whose clients include Tesla Inc and Volkswagen AG, is the world’s largest battery maker with a share of more than 35% of a booming global EV battery market, according to industry tracker SNE Research, a market that analysts say is worth tens of billions of dollars.
Last year, another domestic newspaper, Chosun Ilbo, reported that CATL had won a deal to supply batteries to Hyundai Motor Group, parent of Kia and Hyundai Motor Co, along with LG Energy Solution Ltd (LGES) and SK Innovation’s SK On.
Analysts said Kia would be keen to lower costs for its Niro EV by using CATL batteries that are considered more cost-effective. Batteries are typically the most expensive component of EVs, making up about 30-40% of total manufacturing cost.
“This appears to be a natural course of business for South Korean automakers as they plan to boost EV sales and secure battery capacity … relying on only a few battery suppliers could be a risk factor,” said Kevin Yoo, an analyst at Daol Investment & Securities.
Hyundai Motor and Kia have so far only used batteries made by two South Korean firms – LGES and SK On – for electric vehicles for the South Korean market.
www.mining.com/category/battery-metals/
Frank
Top 20
Tesla Model Y interest peaks in Australia as Shanghai production ramps up
Tesla Model Y has been a huge success in Australia for the biggest EV maker in the world.This SUV was launched just under 2 weeks ago and has already racked up over 10,000 orders.
Today, we look at data that supports the popularity of the Model Y locally and see what Tesla is doing to ensure we get the cars delivered on time.
New data from Google Trends reveals huge interest in Model Y.
Comparing Tesla Model Y to 3 other popular cars shows a huge increase in Australian search inquiries on Google in June.
There was a particular spike in search results on Friday, June 10 when the Tesla Model Y was officially launched.
It showed a ten-fold increase over the day before.
The search interest started to increase after exclusive images of the Tesla Model Y appeared on The Driven on June 9.
Before that, Model Y local searches were indexed on Google with a score of about 2.
With this high interest in the right-hand drive Tesla Model Y, the question turns to what Tesla is doing to ensure the wait times are not excessive for Australian customers.
Tesla Production ramps up high in June
After numerous weeks of minimal production in March and April at Tesla’s Shanghai factory, things are starting to get back on track. Local reports have suggested that the closed-loop production system in the factory is now opened with daily production levels exceeding 2600 cars a day.
June daily production levels are predicted to be closer to 2750 cars which is great news for thousands of Australian customers who missed out on deliveries this quarter.
It’s worth noting that June production will mainly cover the local market in China.
July and August will cover export production for markets like Australia, Europe and other parts of Asia.
The internal sources at Tesla in Shanghai have noted on local social media that they expect production in June 2022 to be around 70,000 cars for the month.
This is a huge jump from May when just over 33,000 cars were produced.
Impact on local deliveries
This ramp up of production is great news for Australian EV customers as July production would be at similar levels to June.
Next month’s production at Tesla GigaShanghai will start to cover Australian right-hand drive orders along with UK, Japan, Singapore and New Zealand too. This would mean a record quarter of deliveries for Tesla to Australia of both Model 3 and Model Y.
Delivery data from the coming months will reveal the total number and would contribute significantly to the EV uptake in Australia, making 2022 the best year for EV adoption so far.
Labor discount plan to bring down cost of electric cars to take effect on July 1
Some electric vehicle models should become cheaper from July 1, with the Albanese government confirming it will honour a promise to provide exemptions from certain federal taxes from the start of that month.The Driven has confirmed that the Albanese government intends to fulfil its promised “Electric Vehicle Discount” policy, which will provide exemptions to certain import tariffs and fringe benefits taxes, with effect from 1 July 2022.
The import tariff levies a 5 per cent tax on cars brought to Australia from overseas manufacturers, adding thousands to the cost of a new vehicle.
The import tariff exemption won’t benefit all electric vehicle models, as car imports from several countries are already exempt under free-trade agreements, but it should help cut the cost of vehicles imported from Japan, South Korea and most of Europe.
This would see the import tariff lifted on vehicles like the Nissan Leaf, the Mercedes EQA, the Hyundai Kona EV, and the Mini Cooper SE.
The fringe benefits tax applies to vehicles provided by employers for their employees’ personal use and attracts a 47 per cent tax rate on the financial benefit of the arrangement.
Labor said that the fringe benefits tax exemption could cut the effective cost of electric vehicles by as much as $12,000 – and should have flow-on benefits for the second-hand EV market.
Both exemptions will apply to electric vehicles with a sale price below the luxury car tax threshold for fuel-efficient vehicles, which sat at $77,565 in 2020-21.
Labor said the threshold would help reduce the cost of cheaper electric vehicle models and encourage manufacturers to bring more lower-cost EVs to The Australian market.
Before the election, Labor had promised that the measures would take effect from July 1, 2022 – to be reviewed after three years.
This would see the discount apply to new EV purchases before the new federal parliament convenes for the first time – but the passage of legislation with retrospective effect – which is often the case with tax measures – will allow the federal government to avoid any delay in its effective implementation.
A similar arrangement was followed by the NSW Government when it introduced its $3,000 rebate for the purchase of new electric vehicles and a waiver of stamp duty fees, with legislation being passed by the state parliament after the incentives took effect.
The federal ‘electric vehicle discount’ policy would likely be included in a package of measures in the Albanese government’s first federal budget, scheduled to be handed down in late October.
The Driven
The Driven is Australia’s most-read electric vehicle news site, covering the latest EV stories both in Australia and overseas.
thedriven.io
Food for thought on the Road to Mining Manono
Fingers Crossed
Frank
Wow... some crazy sheet going on in the Lithium plays. Makes absolutely no flamin sense!
I'm scared once we open again, it'll be 40c for sure unless Felix the cat and No Friends Nigel can pull a hat out of a rabbit.
I offloaded a large wad of AGY today, these guys are so close but the guts has been flogged out.
The world is a crazy place right now.
I'm scared once we open again, it'll be 40c for sure unless Felix the cat and No Friends Nigel can pull a hat out of a rabbit.
I offloaded a large wad of AGY today, these guys are so close but the guts has been flogged out.
The world is a crazy place right now.
CashKing
Regular
Alright I’ll do itMaybe someone should start a new AVZ thread on the crapper.
"AVZ best Li performer on the ASX"
D
Deleted member 1612
Guest
Literally the only time I’ve looked at HC in weeks. Good oneAlright I’ll do it
Frank
Top 20
AVZ best Li performer on the ASXAlright I’ll do it
Once AVZ Trades again it shall be interesting to see what happens..
What a time to be in suspension boys & gals….
Plenty of Price Sensitive news to be finalized.
Worlds largest Lithium Deposit https://hotcrapper.com.au/styles/default/xenforo/clear.png
No point selling for a tax loss for next financial year
Spodumene price up up up… https://hotcrapper.com.au/styles/default/xenforo/clear.png
Demand for EV UP https://hotcrapper.com.au/styles/default/xenforo/clear.png
Shorts cover or not ?
Transitioned from Explorer to Developer.
Green future. New Financial Year
Media wrong as usual & IMO they will be buying up in this sector fall that they created then release news and make bank once again….
Did I mention Largest LITHIUM DEPOSIT IN THE WORLD ??
It’s on !!!
Don’t fall for the haters and trolls posts.
As AVZ comes closer to trading again we will see lots of new posters with negative views, it’s what they do for a job.
Ignore the noise….
GLTAH
cashcity
CashKing
Regular
I should have used bold and some other pricing posts, I like it bud
looks much better
DiscoDanNZ
Regular
Alright I’ll do it
It's so easy to make it a pump thread when we actually have all of those things going for us though, it's rediculous.
It might even be enough to drag Mousey out from wherever he's been... The only question is who will be the first shitposter to call us happy clappers?
DiscoDanNZ
Regular
I'd like to also make a motion that the entertainment for that party is Tranny Bingo
Edit: Great work cash
Similar threads
