Great article, really highlights the change coming in Europe and future demand. The battery passport will change how business is done.
Some highlights below....
“Batteries will help reduce emissions in the transport and power sectors by 30% and so become a driver for decarbonization by 2030 with demand expected to increase 19 times, according to a recent research by the GBA (Global Battery Alliance)
Electric vehicles have been put at the centre of economic recovery under the EU’s Green Deal and countries such as Germany, France and Greece are supporting the industry with unprecedented measures. Now is therefore precisely the time to ensure that EVs and green technologies are powered by sustainable batteries”
Vulcan is in the right spot and timing things very well in my opinion.
Ann: $4.8m Institutional and ESG Investor Equity Placement, page-7
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