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Oil prices have and will continue to push the EV Revolution far...

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asxtrader007

4,243 Posts.

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20/06/22

12:43

Post #: 62091463
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Originally posted by Understatement: ↑

Hi,

With rising interest rates gold has no chance to go above $2,000. More likely to be at $1,800 in the near future.

Lithium, Cobalt, Nickel and Graphite is the place to be with Lithium far in front.

EV production will double every year for the next 3 years. If it doesn't double than it is because of lack of Lithium.

Manufacturing plants to built batteries are going up like mushrooms in the US, EU and especially in China.

BYD just built a Lithium battery manufacturing plant in the last 8 months starting production of 45GW Lithium batteries now and is currently building one with 100GW capacity to be scheduled production later next year.

Most analysts have totally underestimated the demand for EVs. The transition is happening far faster than anyone expected.

Hold on, the ride is just beginning in my opinion.

Thanks

K

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Oil prices have and will continue to push the EV Revolution far greater/faster than anticipated....

Last edited by asxtrader007: 20/06/22

MLS Price at posting: 4.5¢ Sentiment: Hold Disclosure: Not Held
2 Upvote

0 Great analysis

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