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Robotaxis and raw materials

In a real-time simulation, the use of a robot taxi fleet is being tested in New York. What was science fiction a few years ago may soon become reality.

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The UBS Evidence Lab came to the conclusion that the Robotaxi fleet market could amount to two trillion US dollars in 2030. 25 UBS analysts examined future traffic in major cities. The measured variables include, for example, costs, the profitability margin or the number of charging stations required. Robot taxis are expected to account for around five percent of the kilometers driven in the city in 2030.

Tesla boss Elon Musk even wants to establish self-propelled taxis on the roads next year. "Tesla Network" is to deploy one million of these autonomous taxis in the USA. But Musk's plans usually take more time than announced. Ford is also planning to bring Ford Robotaxis onto the road with a hybrid drive in 2021. It would certainly be practically clean and comfortable to get from A to B without a driver's license. Whereby at least it is doubtful whether traffic jams can be avoided.

Which wouldn't be so bad, because a few years later maybe the flying taxis are already on their way. In any case, this is researched and tested by various companies in different countries. The basis for the drive is usually electricity. Some fuel cells will be used. But most of them will have batteries. This will devour raw materials in masses. One might think of cobalt and vanadium.

Vanadium is used in storage batteries and is the raw material on which Delrey Metals relies - http://www.commodity-tv.net/c/search_adv/?v=299146. In addition to four vanadium projects in British Columbia, the main project is the Four Corners project in southwest Newfoundland and Labrador, in which Delrey Metals owns 80 percent. The project covers approximately 7,655 hectares, hosts vanadium-rich mineralization, is located in one of Canada's best mining areas and has excellent infrastructure.

Cobalt is also an important raw material for storage batteries. First Cobalt - http://www.commodity-tv.net/c/search_adv/?v=298892 - is the only company with the plus to own an approved cobalt refinery in Idaho and the Iron Creek cobalt property. In addition, First Cobalt controls a significant land package in the Canadian cobalt deposit with more than 50 mines that have previously produced.

Current company information and press releases from First Cobalt (https://www.resource-capital.ch/en/companies/first-cobalt-corp/) and Delrey Metals (https://www.resource-capital.ch/en/companies/delrey-metals-corp/).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies and that there is therefore a potential conflict of interest. No guarantee for the translation into German. Only the English version of these messages is valid.

Disclaimer: The information provided does not constitute any form of recommendation or advice. The risks involved in securities trading are expressly pointed out. No liability can be accepted for damages arising from the use of this blog. I would like to point out that shares and in particular warrant investments are generally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. For the correctness of all contents however no guarantee is taken over. Despite the greatest care, I expressly reserve the right to make an error, particularly with regard to figures and prices. The information contained herein has been obtained from sources believed to be reliable, but does not claim to be accurate or complete. Due to judicial judgements the contents of linked external sides are to be answered for also (so among other things regional court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no express dissociation from these takes place. Despite careful content control, I do not assume any liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

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