Posted by Tobby > 2022-06-11 15:08 | Report Abuse

Investment!

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7 comment(s). Last comment by Tobby 2022-06-11 15:19

Tobby

7,397 posts

Posted by Tobby > 2022-06-11 15:10 | Report Abuse

So Hong Seng announce they will be making battery componet for EVs! Need to do some homework on Hong Seng!
Anyway, i am quite shock to know that sales of EV is actually quite huge! 20% of new cars! That's like wow!

Tobby

7,397 posts

Posted by Tobby > 2022-06-11 15:11 | Report Abuse

20% is very significant! So i think 2035 target for all new cars sales to be EVs is actually very achievable!

Tobby

7,397 posts

Posted by Tobby > 2022-06-11 15:11 | Report Abuse

Even more shocking, it's BYD not Tesla selling more EVs globally!

Tobby

7,397 posts

Posted by Tobby > 2022-06-11 15:12 | Report Abuse

I knew BYD would be big but to see BYD actually surpassing Tesla now, to me is way ahead of time! Mind you, BYD has just recently discontinue selling non EVs! BYD is now only focus on selling EVs!

Tobby

7,397 posts

Posted by Tobby > 2022-06-11 15:13 | Report Abuse

As for Malaysia, all allocated EVs of all brands already sold out for this year!

Tobby

7,397 posts

Posted by Tobby > 2022-06-11 15:13 | Report Abuse

So you won't be able to get for this year if you book now! Basically, you will only get it next year! That's how hot EVs are today!

Tobby

7,397 posts

Posted by Tobby > 2022-06-11 15:19 | Report Abuse

So i forsee price of oil dipping or perhaps crashing in 2 years time! If OPEC does not act now and release more oil into market, i think OPEC can kiss their dominance after 2 years!
EVs are much more convenient compare to ICE! Many new EVs actually able to supply electricity back to you home in case of blackout! EVs are now becoming backup generator! You can even use your EV to power your tools! The latest Ford F15 lighting EV is so good, it's already sold out for this year! F15 is now the standard of pickup truck in USA! I think majority of contruction workers in US wil be driving this F15 since this truck is basically everything they need! Generator, heavy loader, haul camper and so forth!

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