EV demand is electric-it’s fuelling lithium battery demand & #lithium producers
-Global EVs to grow 30% pa for 10yrs (Deloitte)
-EVs to make up 10% of global car sales by 2025, 58% in 2040 (BNEF)
-China EV sales to grow 50% 2021
-What’s your fave lithium stock? Mine is Lake $LKE
Massive shout out to @claudiohfox for sending this EV mug all the way to Sydney Australia from Wales.
The lithium triangle was in the news today, @OrocobreLimited $ORE shares +5.6% to $6.55 & Galaxy Resources $GXY +6.1% to $3.83 on plans of merging to create the globe’s top 5 lithium producer.
Small lithium company Lake Resources $LKE is drilling next to Orocobre $ORE. DYOR
And finally...as a disclaimer...this tweet is NOT in any way shape or form to do with my employer Bell Direct.
I did receive a mug from a fellow $LKE shareholder @claudiohfox :). An independent lithium analyst. Again DYOR. I just wanted to start a lithium chat going. Tnx Jess
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