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The battery is the heart of future cars

Diesel vehicles have come under fire. Now private drivers, but also most cities, are thinking about electric vehicles.

Of the almost 80,000 buses in Germany, only about 500 are electric. But the climate-friendly alternative is on the advance. An electric bus still costs about twice as much as a conventional bus. It is not the electric motors that are responsible for the high costs, nor the maintenance or energy costs, but the batteries.

The new year should also be interesting for private individuals, as car manufacturers want to declare war on Tesla with new models. New e-cars are becoming cheaper, subsidies are also available, some are also available for private charging stations and the attractiveness of the models is increasing.

The technological breakthrough has already been achieved when really convincing models are not expected for another year or two. The ranges will be sufficient, there will be enough charging stations and the batteries will meet the quality requirements. It is estimated that by 2025 about one third of all new vehicles will be electric.

A lot of lithium will be needed for the necessary batteries. The demand for the raw material is expected to increase by about 21 percent annually by 2025. Investors who want to position themselves in the lithium market must concentrate on projects in good regions.

In Argentina, a country famous for its lithium deposits, Millennial Lithium - https://www.commodity-tv.net/c/search_adv/?v=298600 - has two advanced projects with more than 20,000 hectares of land. The process tests carried out on the Pastos Grandes Lithium Project showed that the material has the best battery quality (99.92 percent Li2CO3).

In Western Spain, Infinity Lithium - https://www.commodity-tv.net/c/search_adv/?v=298439 - owns 50 percent of one of the largest lithium deposits in Europe. Here, too, lithium hydroxide of battery quality is to be obtained. The San Jose lithium project is being developed in open-pit mining.

Current corporate information and press releases from Millennial Lithium (https://www.resource-capital.ch/en/companies/millennial-lithium-corp.html).

In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the English version of these messages applies.

Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting 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. However, no guarantee is given for the correctness of all contents. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: www.resource-capital.ch/en/disclaimer.html

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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.

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