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E-mobility is making headway

Last year, the number of vehicles with electric drive, plug-in hybrid or range extender increased to 10.9 million.

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Although the car dealer industry had to complain about a severe drop in sales last year, the sales figures for electric vehicles (externally chargeable vehicles) nevertheless increased significantly. Germany even overtook the USA in terms of new registrations. The increase in Europe was a whopping 137 percent, or 1.4 million vehicles. This means Europe has even beaten China. Compared with 2019, registration figures worldwide rose by 43 percent. 

China is still in first place in terms of the number of electric vehicles (just under five million). The USA follows in second place (1.77 million). Germany is in third place with almost 570,000 vehicles. In terms of new registrations, France, Italy, Spain, Denmark and the United Kingdom can also show significant growth in 2020 compared with the previous year.

According to the German government, there should be ten million electric cars in the fleet by 2030. So, the figures from 2020 are only a start, but a good one. In any case, the development is positive, also for the producers of the required raw materials. The lithium-ion batteries installed in electric cars are currently the most powerful energy storage media. One of the raw materials used is lithium. 

This is held by Millennial Lithium - https://www.youtube.com/watch?v=s4v1dkPPyis - in its two lithium projects in Argentina. Thus, the company is located in an excellent lithium area. Especially the Pastos Grandes project scores with high-grade battery lithium.

The silver used in electric cars, which is used much more than in conventional vehicles, is sourced, for example, by Endeavour Silver - https://www.youtube.com/watch?v=TqOYn67_v0M - from its three successfully producing mines in Mexico.

Latest corporate information and press releases from Millennial Lithium (https://www.resource-capital.ch/en/companies/millennial-lithium-corp/) and Endeavour Silver (https://www.resource-capital.ch/en/companies/endeavour-silver-corp/).

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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