-Volvo have announced that they will cease production of fossil fueled cars bt 2025, Toyota by 2040, Ford and Mercedes by 2035.
-Canada, New Zealand, Netherlands, Ireland and UK have agreed to phase out the sale of petrol and diesel cars by 2030
- the recent Cop26 have the majority of international car firms signing a deal to phase out the sale of fossil fuel vehicles by 2040
BMW we're hesitant to sign this deal as they're unsure the infrastructure will be sufficient. This is where you will see countries investing billions in infrastructure and Rft has been preparing and placing itself in prime position to reap the rewards for this EV revolution about to happen.
I'm interested in which companies you are watching for battery recycling, I was discussing this with a friend recently and think this will be another sector worth investing in.
RFT Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
