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Chenteddybear

09/11/19 11:58 PM

#6114 RE: SRV1975 #6113

Absolutely correct! 2019 is the year to get into EV related investments (including charging infrastructure). There is a booming demand for EVs coming in 2020. Every major automaker is increasing their EV production to meet the demand and get their market share, and world governments are subsidizing crazy and pushing people to Go Green. It's going to be an EV rush era for the next 10 years....this will have the same multitude as or bigger than the Gold rush, MJ rush, Rare earth, or Bitcoin.

The International Energy Agency expects 120 million electric vehicles by 2030

The IEA is an autonomous organization which works to ensure reliable, affordable and clean energy for its 30 member countries and beyond.

This following report is published by the Bank of Canada:

Outlook for Electric Vehicles and Implications for the Oil Market