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.
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