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In a Stockhead article published this week, Bell Resources CEO and founder Mark Avery spoke about the declining use of public transport post-COVID due to health fears. Avery commented on Australia's turn to greater private vehicle use which has resulted in a spike in electric vehicle adoption as more and more people make the switch to a zero-emissions future.
With Australian's returning to workplaces once restrictions end, reports show a change in preferences as a growing number might not be commuting the same way as before.
“People do not feel safe without a pandemic plan in place,” he said. "Instead, what we have seen is the rise of electric vehicle sales in Australia with almost 9000 already sold this year and expected to hit 25,000 plus by next year"
Read the full story: These are the ASX stocks that could benefit from post-COVID mobility trends – Stockhead
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