VW scandal will boost demand for electric vehicles and graphite
The scandal surrounding the exhaust gas of diesel engines VW (WKN 766400) is seen by analysts at Credit Suisse as a positive for the budding graphite producer in Australia. Because it is believed that the scandal causes the use of diesel engines back - currently around 50% of the European automotive market - and instead more electric and hybrid automobiles are used. And the need batteries, in the graphite plays an important role.
VW had admitted recently that you have used an illegal software so that it looks as if the 1.6 and 2.0 liter engines of the Group comply with the pollutant limits. Without this software, however, the tests showed in the USA, the emissions exceeded the limits partly to forty times.
After Credit Suisse analysts view is thus destroyed the myth that diesel engines can operate both efficient and clean. Diesel engines emit less carbon dioxide would indeed , but high amounts of the particles in and nitrogen oxides . The latter are responsible for smog and acid rain.
The expert explained that now that the diesel technology was discredited , the VW scandal could accelerate the acceptance and deployment of electric vehicles in order to meet increasingly stringent exhaust limits can . This appears hardly possible with conventional internal combustion engines , as Credit Suisse.
The bank added that the growth in demand for electric cars always independent from oil price will , with an environment of rising oil prices was still positive for the electric car demand . And this is in addition to the much greater increase in battery demand in total - to be expected - for example, for the storage of solar energy in households or for grid electricity from renewable sources ( solar and wind ),
The Australian graphite companies who we believe have a realistic chance to bring their project into production in the near future, which belongs to the readers of GOLDINVEST.de well known Kibaran Resources ( WKN A1C8BX / ASX KNL ) . The company has already submitted a feasibility study on its graphite project Epanko and already obtained the necessary permits and a mining license .
So Alter " only " financing . But even here , the company , which also two definitive purchase agreements with European partners - including ThyssenKrupp ( WKN 750000 ) - can boast, already caused a stir . Because Kibaran has already received official confirmation from Germany that the Epanko project meets the requirements for a Kreditausfallgarantier by the German state.
With this confirmation Kibaran has completed a first important condition , a " guarantee for the Untied Loan ( UFK ) " of the Federal Government to obtain in combination with a project financed by the German , governmental KfW IPEX-Bank . Still Kibaran has a project financing in this way , of course, not sure . Among other things, strict environmental and social conditions have to be fulfilled . However, KfW IPEX-Bank already check a possible provision of a loan to finance the project Epanko graphite under a UFK cover , recently declared Kibarans Managing Director Andrew Spinks.
nline.de German Edition. *translated.
