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EV revolution extremely rare investment opportunity as metals demand spikes

EV revolution extremely rare investment opportunity as metals demand spikes

EV revolution extremely rare investment opportunity as metals demand spikes

The rate at which global auto markets are adopting electrically powered vehicles (EVs) is accelerating at a much faster pace than even some of the keenest market observers have estimated at the start of 2017, and is opening up once-in-a-lifetime investment opportunities among the four key ‘energy metals’ – lithium, cobalt, nickel and graphite. During 2017, the market has reached a new peak of lithium-ion battery capacity in the pipeline. An additional 153 GWh has been added to planned capacity buildouts this year this year alone, taking the total to 372 GWh.

Source: www.miningweekly.com/article/ev-revolution-extremely-rare-investment-opportunity-as-metals-demand-spikes-2017-12-01/rep_id:3650

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