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Battery metals are increasingly in demand

New registrations in the German passenger car market have not yet returned to pre-Corona levels, but the situation is different for electric vehicles.

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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/). 

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also 
applies: https://www.resource-capital.ch/en/disclaimer/ 

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