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The introduction of electric vehicles is expanding worldwide


Von Swiss Resource Capital AG

Driven by financial incentives, electric vehicle sales are reaching new record levels year after year.

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Purchase premiums for electric cars exist in Germany, Japan, China and France, for example. Some other countries have reduced taxes, such as the USA and Norway. These vehicles are primarily fitted with lithium-ion batteries. From 2010 to 2021, sales figures (plug-in hybrids, vehicles with fuel cells, purely battery-powered vehicles) have increased more than tenfold. While just under 6,000 vehicles were sold in Germany in 2010, this figure had already risen to a good 750,000 by 2021. This puts Germany in fourth place worldwide. More were sold in the USA, China and Japan. This means that demand for lithium-ion batteries will increase further as larger batteries are installed. Work is also underway worldwide to optimize the necessary batteries.

 

Li-Metal - https://www.commodity-tv.com/play/li-metal-achieves-new-milestones-in-its-anode-production/ -, for example, is working on battery anodes of the future with its technology. The company will be able to supply lithium anodes at low cost and in large quantities that are significantly superior to those used in the past.

 

Emission targets have been set, both by manufacturers and by politicians, so that the electromobility market will continue to grow. The raw material that batteries cannot do without is lithium. The batteries of cell phones or notebooks as well as the glass and ceramics industry also use lithium. Often called white gold, lithium is available in excellent quality in the famous lithium triangle.

 

There in Argentina, for example, Alpha Lithium - https://www.commodity-tv.com/play/alpha-lithium-advancing-two-lithium-projects-in-a-world-famous-salar/ - is taking care of the development of the Tollilar and Hombre Muerto properties. Large successful lithium companies are located in the neighborhood.

 

Current company information and press releases from Alpha Lithium (- https://www.resource-capital.ch/en/companies/alpha-lithium-corp/ -) and Li-Metal (- https://www.resource-capital.ch/en/companies/li-metal-corp/ -).

 

 

 

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/



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