PLS 0.72% $4.14 pilbara minerals limited

Lithium Demand surge, page-33

  1. 310 Posts.
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    Barg, W2...It sure is good news for EV's as a whole but Europe will not give up without a fight, which means that an enormous amount of money will be flooding into the EV market place over the next few years.

    VW has just replaced it's CEO with Herbert Diess who is very pro EV.

    Volkswagen has sacked CEO Matthias Mueller, replacing him with Herbert Diess as it tries to boost its recovery from an emissions scandal.

    Furthermore the German Government has come out and lambasted their vehicle manufacturers for being too slow on the uptake of EV's:

    BERLIN (Reuters) - The German automotive industry must invest heavily in electric car technology and develop battery production facilities in Europe to keep up with global competitors, Economy Minister Peter Altmaier said in a newspaper interview published on Monday.

    Altmaier told Germany’s mass-circulation Bild newspaper that the carmakers needed to invest high “two-digit billion amounts” in electric car technology, saying he did not understand why the firms had hesitated for so long.
    Investments were also needed in battery production, given expected demand for many millions of electric batteries that could help firms earn good money, he said.

    “Otherwise we’ll have to accept that a large part of the added value will be produced in Asia or the United States, instead of here with us,” he said.


    The conservative minister said it was imperative to secure the hundreds of thousands of jobs now supporting the car and supplier industries.

    Did he say 'two-digit Billion' ? We know the tsunami of demand is about to engulf us, we just have to hold in there. Our resolve is being tested at the moment by those who know what's about to transpire. You can't blame them for wanting as many PLS shares as they can get for the cheapest prices.

    One only has to look at the Instagram photos to get the true story of what's happening up in the Pilbara. In the scheme of things, we're literally days away from Dr WW turning on his processing plant and proving up his many months of hard work.
 
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