Short Term Trading Week Starting: 10 Oct, page-92

BMW board member Ian Robertson is predicting 2020 will be the time when sales of electric vehicles finally hit the big time.

http://www.whichcar.com.au/car-news...mw-tips-2020-as-the-year-of-the-electric-boom

Good for lithium, shame for those of us that love our V8/V12 sports cars, especially with German lawmakers pushing for 2030 to end the combustion engine.

But remember that's only in Germany, even though the EU follows, first who knows who will still be in the EU by 2030 lol and second many car makers like BMW produce cars in South Africa, USA, China, South America among other countries so it's really not as huge a hit as some might think only problem is they won't be able to sell a petrol V8 sports car or SUV in their own country but will be free to do so in USA, Australia and anywhere else that this law won't be implemented.

Also China are pushing for EV's and will not be letting Tesla into their market since China want to have a monopoly on EVs in their own country, regardless lithium is still in huge demand and there have been a few posts that have touched on the fact the demand just from China, excluding all other large German car manufacturers, is far more than what is stated.

Any lithium miner that finds something of potential will get a massive re-rate which we are starting to see with KDR, CXO, MZN, KSN, LTR, BGS to name a few.