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The exciting future of electric mobility

With attractive models and affordable prices, the major car manufacturers want to help electric cars make their breakthrough.

VW alone plans to sell around 150,000 electric cars in 2020. Audi and Mercedes recently presented their future SUV electric cars. Audi plans to start production in 2018, Mercedes has set its sights on 2019. The new BMW electric car is expected to roll off the assembly line in 2021.

And electric mobility is advancing. In Munich, for example, the first eTaxi fleet, ten Jaguar I-Pace, is now on the road. The 400 hp electric SUVs could develop into real Tesla opponents. The fact that automated vehicles will be part of everyday mobile life is no longer a vision of the future. Reducing the number of accidents is only one of the points we are striving for. Research work and the clarification of insurance issues are still necessary.

However, the automotive industry is likely to face a major change. Not only the classic automobile manufacturers, but also companies that produce assistance systems, cameras or ultrasonic sensors will enter the market. The raw materials used in the batteries of electric motors, such as cobalt, will be particularly in demand.

And cobalt mining in the important producing country of Congo is suffering from the political crisis that prevails in the country. Cobalt companies are likely to have the better cards in other safe regions. These include First Cobalt - The focus is on North America, where the portfolio includes three cobalt projects and one cobalt refinery. First Cobalt is already planning its first cobalt production in 2019.

In East Africa, in Uganda, M2 Cobalt has a large promising land package for cobalt mining. It borders on the same mineral trends in neighboring Congo, where some of the largest mines are located. Another advantage is Uganda's political stability. The economy there is growing and the historic mining industry is also expected to flourish again.

Current company information and press releases from First Cobalt (

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