PLS 1.67% 29.5¢ pilbara minerals limited

I posted this in response to a discussion on another PLS string....

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    I posted this in response to a discussion on another PLS string. But then thought it should be on the ""News" string, so added it below.
    .................................................................................................................................................................................................................................

    News is now in overnight on China Aug 19 EV sales ... and it's bad. In Aug19 NEV sales are reported to be down a massive 15.8% YoY! China total vehicle sales were down 6.9% YoY, so EVs suffering from both a decline auto market and a loss of market share to ICE. US sales data still coming in, but YoY EV sales will be down massively there too (around 30% YoY).


    https://tradingeconomics.com/china/total-vehicle-sales
    Vehicles sales in China fell 6.9 percent for a year earlier to 1.96 million units in August 2019, marking the 14th consecutive month of decline. Sales of new energy vehicles (NEVs) dropped for the second straight month (-15.8 percent to 85,000 units), mainly due to the subsidies cut on new energy cars.

    Many other sources - another below:
    http://www.xinhuanet.com/english/2019-09/11/c_138384364.htm
 
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