Keep your shares. Buy more if you can. You should read the GS...

Keep your shares. Buy more if you can. You should read the GS report below. For once they are TRYING to tell the truth. The demand will be even higher( double) than forecast. They predict half of all vehicles sales are EVs by 2035 and 70m units by 2040. There's one problem, Europe will ban ICE sales by 2035, meaning 70m units are now pushed forward to 2035.

YOUR LITHIUM SHARES ARE GOING TO MAKE YOU RICH.



By: Baystreet Staff - Tuesday February 14,2023

Goldman Sachs Out with Big Prediction for Electric Vehicle Sales

Electric vehicles sales are only set to accelerate. Governments want millions of them on the roads, as of yesterday. President Biden wants 50% of all new U.S. auto sales to be electric by 2030. Europe is targeting 50% EV sales penetration by 2030. In China, about 40%. However, for millions of EVs to hit the roads, the world needs far more lithium supply to keep up with heavy demand. Unfortunately, that’s easier said than done at the moment, as we deal with strong demand and short supply. Even the IEA warns, “The supply of critical minerals crucial for technologies such as wind turbines and electric vehicles will have to be ramped up over the next decades if the planet’s climate targets are to be met.”
Even better, according to Goldman Sachs, “The adoption of electric vehicles is rising sharply as the global push for net-zero carbon emissions accelerates. EVs will make up about half of new car sales worldwide by 2035. EV sales will soar to about 73 million units in 2040, up from around 2 million in 2020, according to forecasts by Goldman Sachs Research. The percentage of EVs in worldwide car sales, meanwhile, is expected to rise to 61% from 2% during that span. The share of EV sales is anticipated to be well over 80% in many developed countries.”