Battery metals are increasingly in demand
June brought it to just under 275,000 newly registered passenger cars, which is still around 25 percent less than in June 2019. If you look at the figures for new electric registrations, things look quite different. Compared to June 2020, 243 percent more e-vehicles were registered. In terms of the overall vehicle market, electric vehicles accounted for 23.6 percent. Pure electric cars recorded a 312 percent increase in new registrations in June, while plug-in hybrids were up 191 percent. German manufacturers are playing a major role in the electric boom with attractive models. More than one million new registrations of e-cars in total in Germany are a great success.
In total, there are around 458,000 pure electric cars and 443,000 plug-in hybrids on German roads. The cars that are still short of the one million mentioned above are the result of exports or decommissioning. This puts Germany in second place behind China in the electric vehicle markets in the first six months of the current year. In terms of charging infrastructure, Germany still has some catching up to do. The fact that production at German automotive plants fell overall in June is due to supply bottlenecks for semiconductors.
With more climate-friendly vehicles so popular, it's no surprise that battery metals are riding high, and so are the companies that own them, such as Canada Nickel Company and ION Energy.
Canada Nickel Company - https://www.youtube.com/watch?v=E8bVPt_zqKY - handles nickel-cobalt projects in Ontario. Nickel and cobalt are increasingly needed by electric vehicle manufacturers and also the stainless-steel industry.
In Mongolia, ION Energy - https://www.youtube.com/watch?v=3iNIg32ZJD8 - has the Baavhai Uul lithium-salar project (more than 81,000 hectares) and the Urgakh Naran lithium concession in its portfolio.
Current corporate information and press releases from Canada Nickel Company ( https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/).
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