The exciting future of electric mobility
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 - https://www.commodity-tv.net/c/search_adv/?v=298478. 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 (https://www.resource-capital.ch/en/companies/first-cobalt-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