Morning All,Well the rise of all things electric/battery powered...

Morning All,

Well the rise of all things electric/battery powered is really gathering pace, everything from Walmart purchasing at least 4,500/10,000 vans from Ev company Canoo who's share price popped over 50% when the deal was announced, to EV start up called Lordstown motors who have partnered with Foxconn to develop an EV pickup truck right down to Xpeng raising funds (us$100) to bring Robots into households. The robotics area is another area where lithium batteries are used but must admit I never think of robotics when considering lithium supply/demand. The three links provided below where taken from the one news website published last night, just goes to show how mainstream green energy/lithium demand has become.

Oh and Elon was there as well but in relation to his twitter deal and not EV/lithium related matters as he normally is.

Links below

https://www.cnbc.com/2022/07/12/canoo-walmart-deal-for-4500-vans-sends-ev-stock-jumping.html

https://www.cnbc.com/2022/07/12/electric-vehicle-startup-lordstown-motors-names-new-ceo-following-foxconn-deal-.html

https://www.cnbc.com/2022/07/12/chinese-ev-maker-xpengs-robotics-company-raises-100-million.html

The world is going to need every ounce of lithium it can get it's hands on for at least the next decade and beyond. ................so..........................

Hold them tight people.............................................we start production early 2024 .............bring in on.

All imo and DYOR
Regards
FINN