Almost 20 years after Elon Musk had the fixed idea of founding a pure e-car manufacturer called Tesla Motors and thus ushered in a true electric revolution, there are already well over 100 electric car models on the market worldwide. By 2022, there will be 500. The number of new electric vehicles registered each year was just 450,000 worldwide in 2015, rising to 1.7 million in 2020. According to estimates by Bloomberg experts, there will be 8.5 million in 2025, 26 million in 2030 and 54 million in 2040. Mind you, per year, not in total. Taken together, there were about 8.5 million electric vehicles on the roads worldwide in 2020. In 2030, there will be about 120 million.
This requires vast quantities of materials and metals that are or were only used in small quantities or not at all in conventional vehicles with internal combustion engines. First and foremost, these include materials that are necessary for the battery and for the connections between individual components. These are primarily the battery metals lithium, nickel, manganese and cobalt, as well as copper and graphite.
The good thing about this, from the point of view of commodity investors, is that the quantities required for this cannot even be provided with the current mines. There is a threat of supply bottlenecks, which will cause prices for most of these materials and metals to soar to previously unimagined heights. Some of these prices have already risen, but investors still have an excellent opportunity to enter the world of battery metals, as the new Battery Metals Report by Swiss Resource Capital AG shows.
Electric locomotion is only one of several aspects of the electric revolution. The leap from the age of fossil combustion and the most immediate possible consumption to the decentralization of energy generation, the corresponding need for on-site storage of electrical energy and, ultimately, to a true revolution in mobility has begun, and with it the age of battery metals and corresponding battery metal shares.
This report provides a wealth of information on the battery metal sector and offers insightful interviews with exclusively selected experts from the industry. The presentation of a number of interesting companies suitable for speculation on rising battery metal prices completes the report.
