According to a new study released by consulting firm Ernst & Young – Electric vehicles (EVs) will make up more than half of auto sales worldwide by 2033. Europe will go first, EY says. “The latest predictions show that by 2028 EV sales in Europe will surpass those of other powertrains, a trend that will be repeated in China by 2033 and in the U.S. by 2036.” (source)
It’s not surprising to see the electric vehicle rolling out on every news headline. But investors are more eager to know where this trend is leading to.
Which metals should they pay attention to? What stocks can they invest in?
Among the metals that are used in electric vehicle batteries, nickel and aluminum are expected to grow 14 times in demand; copper and graphite are expected to grow 10 times while lithium to grow 9 times, based on a Bloomberg NEF’s analysis.
To know more about market trends and opportunities, here we are!
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The GCFF Virtual Conference – Global Resource Investment Conference, a free online webinar, will be held on September 23rd, 2021 and will provide our viewers with:
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