GLN 1.79% 28.5¢ galan lithium limited

Found an EV sales report everyone might like to see.High...

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    Found an EV sales report everyone might like to see.

    High Voltage: Electric vehicles sales are hitting light speed


    It took a full five years for electric vehicle sales to reach 1 million in 2015.

    Since then, things have gone exponential. In 2021, we are hitting those numbers in weeks and months, not years.

    In China about 235,000 plug-ins were sold in June alone – a new record — which translates to 15% market share.

    In Europe, Q2 registrations of battery electric vehicles (BEVs) expanded by 231.6%, reaching 210,298 cars.

    That doesn’t include plug-in hybrid electric vehicles (PHEVs) (235,730 units) or hybrid electric vehicles (HEVs) (541,162 units).

    In June, EY predicted that electric vehicle sales in the US, China and Europe would outstrip all other engine sales by 2033 – five years sooner than expected.

    By 2045, non-EV sales will shrink to less than 1% of overall sales.

    “A mix of changing consumer attitudes, ambitious climate-focused regulations and technology evolution is about to change the landscape of vehicle buying forever,” EY’s Randall Miller says.

    “While the automotive industry has begun to more fully embrace the move toward electrification, the impact of this seismic shift is arriving sooner than many expected.”

    It is important to note that whenever these predictions are revised, they only ever go one way – upwards.

    Which explains stuff like this:


    Great new for the next crop of lithium (and everything else battery metals) miners.

    Here’s how a basket of ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths and vanadium are performing>>>

    Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop:







 
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