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Wednesday, August 21, 2019 7:14:39 PM
The electric vehicle (EV) market is growing globally, with no apparent sign of stopping. In 2018, sales in the U.S. increased by 81%. In the same year, EVs made up almost one-third of all car sales in Norway. Additionally, according to CleanTechnica, EVs sales are up 70% across Europe.
So all of this gives us expectations that around mid 2020 we should start to see signs of metal shortages of the materials for ev batteries. Australian Mines LTD (AMSLF) will be nearly finished the construction of the plant for it's Sconi mine. So expect the stock price to be rising exponentially.
https://www.machinedesign.com/motion-control/when-electric-vehicles-take-over
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