re:Lithium demand surge, page-24

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Kikker1959

4,156 Posts.

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05/10/18

02:46

Post #: 36004701
Originally posted by Barg ↑

Further to the above post of last week:

Oil's March Toward $100 is Just What Electric Cars Need. Source: Bloomberg 5/10/2018

A record number of new electric models (216) will hit the market next year as consumers see higher gasoline prices.

On a side note: Figures just released by Bloomberg show that so far this year (2018) that 4 million electric cars have been sold - and there's still one quarter to go. That's a 77% increase on 2017 numbers sold - and again, one quarter of 2018 to go. So will be a circa 100% increase. To clarify, this growth figure does not include commercial vehicles, like buses, trucks, ships, ferry's or planes.
Believe me when I say: It won't be long before the analysts (cough) will be shaking their heads as they try to wrap their minds around this growth story. And its all linked to lithium .

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Yes and as the LIT will rise so do the underlying stocks. This is my yard stick. The transformation will be shift and instant. BEOT under Trumps leadership is doing themselves no favours by pushing oil prices up as this will only hasten the uptake of EV's . Beside the cost savings to the consumer, the new look EV's will blow the ICE out of the water, they look and are dinosaurs. Even the Chinese EV cars in show rooms are space ships, looking at one right now
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PLS Price at posting: 86.0¢ Sentiment: Buy Disclosure: Held
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