The US is planning a major tightening of car emissions' standards from 2027. This will greatly increase EV sales from 2027- & also be a significant benefit for EUR, Li supplier.
minig.com/bloomberg 7.7.23 said"Biden’s electric car sales plan to strain critical mineral supplies – automakers
Stellantis NV and Toyota Motor Corp. blasted a Biden administration plan to squelch auto pollution, saying it would compel aggressive and unrealistic sales of electric vehicles that strain critical mineral supplies...
The comments come as automakers grapple with what would be the most ambitious US tailpipe emission limits ever, applying in model years 2027 and beyond. To meet the limits on carbon dioxide, soot and smog-forming pollution, the Environmental Protection Agency envisions automakers will have to massively boost electric vehicle penetration so that EVs account for 67% of new light-duty vehicle sales and 46% of new medium-duty vehicle sales in model year 2032. By contrast, battery electric vehicles and plug-in hybrids represent less than 10% of the market today".
https://www.mining.com/web/bidens-electric-car-sales-plan-to-strain-critical-mineral-supplies-automakers/
EUROPEAN LITHIUM LIMITED, page-4215
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