The Dawn of EV, page-15

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The Alchemist

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09/03/21

13:13

Post #: 51626845
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Originally posted by TheBullMarket: ↑

Google Singpaore and EV Battery and you will get some recent activity...which is great for E25 given that OM Holdings is a Singaporean Company ...as is the company that has committed to taking the excess Mn Ore that exceeds OMs agreement

Surely these two Mn companies will have major contacts and faciliate something in the High Purity space for E25...not that E25 can't necessarily do all that themselves

Singapore, a progressive nation and soooooo close to Port Hedland too

The battery revolution is coming at a swift pace...what a great space to be in

SINGAPORE

Hyperdrive Singapore Warms to Electric Cars Two Years After Tesla’s Rebuke
8 March 2021, 5:00 am AWST

After years of not doing much to foster the uptake of electric cars, Singapore has started to embrace them. Transport Minister Ong Ye Kung, speaking in parliament last week, said there is a net carbon positive impact in switching from gas guzzlers to electric vehicles, “even if the electricity is generated by fossil fuels.” And last month, Singapore pledged S$30 million ($22 million) over five years for EV-related initiatives. “With our urban environment, Singapore is quite ideal as a test-bed for the rapid adoption of EVs,” Ong said.

Indeed, Singapore aims to have all buses run on electricity by 2040 as part of its goal to reach net zero emissions as soon as is viable in the second half of the century. It plans to phase out fossil fuel-powered vehicles by 2040 and won’t allow diesel-powered cars or taxis to be registered from 2025.As part of the push, Deputy Prime Minister Heng Swee Keat said in the 2021 budget that 60,000 charging points at public carparks and private premises will be installed by 2030, an increase from a previous target of 28,000.

And soon, buying a made-in-Singapore EV may be possible, with Hyundai Motor Group planning to complete an innovation center that will include EV production by the end of 2022.

Expand

They don't make cars in Singapore and Singapore is too expensive. Not likely to make batteries there either as they are so far from Korea and Japan. Car manufacturers like their suppliers very close by.

E25 Price at posting: $1.96 Sentiment: Buy Disclosure: Held
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The Dawn of EV, page-15

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The Dawn of EV, page-15

Top Stories

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

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Buyers (Bids)

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