"The impact of a massive adoption of EVs is nothing but positive for lithium, cobalt and copper producers, metals that are key ingredients in the rechargeable batteries that power electric vehicles as well as electronics from mobile phones to laptops.
"Demand for those metals, the IEA and other industry experts say, could possibly rise TENFOLD"...............
"Policies in place today will make China and Europe the biggest adopters, in the IEA's view. In China, credits and subsidies will help EVs grow to account for more than a quarter of the car market by 2030. Meanwhile, tightening emissions standards and high fuel taxes in Europe will boost the vehicles to 23% of the market.".............
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