Wednesday 26 June 2024

How Carly (ASX:CL8) is bringing EVs to the masses

Carly Holdings’ (ASX:CL8) CEO, Chris Noone, sits down with Russell Katz, the host of The Stock Network’s StockTales podcast to discuss the outlook of car subscription in Australia and how the company is planning on bringing EV cars to the masses.

Carly Holdings Limited (ASX:CL8) is an Australian company leading the growth of the car subscription industry in Australia & New Zealand and supporting the transition to electric vehicles. Launched in 2019, Carly Car Subscription is a flexible alternative to buying or financing a vehicle, for individuals and businesses, with insurance, registration and servicing included in one monthly payment. Average subscription period is over 5 months. Carly has secured auto industry leaders SG Fleet (ASX:SGF) and Turners Automotive (ASX:TRA) as significant shareholders, joining long-term shareholder, RACV and OEM partner, Hyundai.
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0:00-1:23: Introduction
1:23- 3:09: Big picture
3:09-14:58: Operations
14:58-16:55: Outlook
16:55-17:52: Conclusion
Thank you for tuning into the disclaimer. Investing money into capital markets involves risk and could result in losing money. The people on this podcast expressed their own views and may or may not have paid to appear. Only you can determine if a particular investment is right for your portfolio. Always do your own research before buying or selling any security or investment. Remember, past performance is no guarantee of future results. When one should always view any investment with personal risk tolerance, liquidity, tax situation or anything else pertinent in mind. No person on or related to this podcast was making any offer or solicitation.

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