The expansion of parcel services' electric fleets in Germany is progressing rapidly.
The market leader DHL now has more than 25,000 electric vans on the road, which is a good 40 percent. This affects the last leg of the journey to the recipient's household. This saves CO2. DHL's competitors are eagerly following suit. GLS, for example, has 650 electric vehicles and expects to have 900 by the end of the year. Hermes claims to have around 720 electric vehicles and wants to serve around 80 inner-city areas purely electrically by the end of 2025. The electromobility market is growing, as is consumer acceptance. There are several scenarios as to how high the global penetration of e-vehicles will be by around 2040. Some assume 63 percent, others up to 86 percent. According to estimates, around 14 million new e-cars will be added to the roads worldwide this year, an increase of around 35% compared to the previous year. So much for the IEA (International Energy Agency) forecasts. In 2022, 14% of newly registered vehicles were electric. A share of 18 percent is expected for 2023.
Goldman Sachs is forecasting falling battery costs and higher sales figures for the production of electric cars, which will also reduce production costs. This will make e-car prices more competitive, which should lead to more growth in the e-mobility market. Battery metals such as lithium, cobalt and nickel should therefore remain among the most sought-after raw materials for a long time to come.
The Canada Nickel Company - https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ -, for example, owns the raw materials cobalt and nickel at the Crawford project in Canada.
Lithium is the focus of Targa Exploration - https://www.commodity-tv.com/ondemand/companies/profil/targa-exploration-corp/ - in Quebec, Saskatchewan, Manitoba and Ontario.
Current company information and press releases from Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -).
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/
The market leader DHL now has more than 25,000 electric vans on the road, which is a good 40 percent. This affects the last leg of the journey to the recipient's household. This saves CO2. DHL's competitors are eagerly following suit. GLS, for example, has 650 electric vehicles and expects to have 900 by the end of the year. Hermes claims to have around 720 electric vehicles and wants to serve around 80 inner-city areas purely electrically by the end of 2025. The electromobility market is growing, as is consumer acceptance. There are several scenarios as to how high the global penetration of e-vehicles will be by around 2040. Some assume 63 percent, others up to 86 percent. According to estimates, around 14 million new e-cars will be added to the roads worldwide this year, an increase of around 35% compared to the previous year. So much for the IEA (International Energy Agency) forecasts. In 2022, 14% of newly registered vehicles were electric. A share of 18 percent is expected for 2023.
Goldman Sachs is forecasting falling battery costs and higher sales figures for the production of electric cars, which will also reduce production costs. This will make e-car prices more competitive, which should lead to more growth in the e-mobility market. Battery metals such as lithium, cobalt and nickel should therefore remain among the most sought-after raw materials for a long time to come.
The Canada Nickel Company - https://www.commodity-tv.com/ondemand/companies/profil/canada-nickel-company-inc/ -, for example, owns the raw materials cobalt and nickel at the Crawford project in Canada.
Lithium is the focus of Targa Exploration - https://www.commodity-tv.com/ondemand/companies/profil/targa-exploration-corp/ - in Quebec, Saskatchewan, Manitoba and Ontario.
Current company information and press releases from Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -).
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/
