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Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jörg Schulte +49 2983 974041

Record sales of electric and plug-in hybrid cars and raw materials

(PresseBox) (Herisau, )
A total of 1.8 million electric cars and plug-in hybrids were sold worldwide in November.

Sales of these environmentally friendly vehicles rose by around 32 percent in November, the seventh month in a row. This is the third annual record in a row. Around 70 percent of this growth is attributable to China. Alternative drive systems are leading the way there compared to drive systems overall. A nice development, even if Europe, and only Germany, has seen a slight decline. Worldwide, electric vehicles are expected to grow by 25 percent in 2024 compared to 2023. A survey of more than 23,000 electric vehicle drivers from 18 countries shows that electric driving is popular. As many as 92 would fall back on their tried-and-tested electric vehicle when buying a new one. Around four percent would buy a plug-in hybrid and only one percent would go back to a diesel or petrol car. The satisfaction rate is 97 percent.

What respondents like most is the low total cost of ownership. Environmental concerns are in second place. This shows that electromobility is successfully establishing itself. The charging infrastructure is also improving, although certain countries such as India, Costa Rica and Brazil still have some way to go. Batteries need raw materials such as lithium, cobalt, nickel, manganese and graphite. Copper and rare earths are also included. According to the World Bank, demand for these raw materials will continue to rise significantly. The demand for nickel alone is expected to increase by more than 470% by 2035 compared to 2018.

Green Bridge Metals - https://www.commodity-tv.com/ondemand/companies/profil/green-bridge-metals-corp/ - is responsible for battery raw materials, including nickel, and its projects are located in Manitoba and Ontario. The flagship project is the Chrome Puddy property in the Thunder Bay Mining Division of Ontario.

Foran Mining - https://www.commodity-tv.com/ondemand/companies/profil/foran-mining-corp/ - is active in Saskatchewan, Canada. The company's projects contain copper and zinc and even gold and silver as by-products.

Current company information and press releases from Foran Mining (- https://www.resource-capital.ch/en/companies/foran-mining-corp/ -) and Green Bridge Metals (- https://www.resource-capital.ch/en/companies/green-bridge-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 addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always 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. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.