InvestorsHub Logo
Followers 95
Posts 20720
Boards Moderated 1
Alias Born 03/14/2008

Re: None

Thursday, 06/22/2023 5:39:45 PM

Thursday, June 22, 2023 5:39:45 PM

Post# of 48858
https://www.mining.com/web/graphite-deficit-starting-this-year-as-demand-for-ev-battery-anode-ingredient-exceeds-supply/
With more electric cars comes the need for more raw materials like lithium, nickel and graphite to build batteries. The IEA believes mineral demand for use in EVs and battery storage must grow at least 30 times by 2040 to meet various climate goals.


US President Joe Biden has signed an executive order requiring that half of all new vehicle sales be electric by 2030. China, the world’s biggest EV market, has a similar mandate that requires electric cars to make up 40% of all sales. The European Union is also seeking to have at least 30 million zero-emission vehicles on its roads by then.

Reading that article....another good reason criminal Trump got dumped. The gimp would have never taken this direction for the needed change in direction. whatever pos
Bearish
Bearish