The Likely Rise Of Electric Vehicles And The Impact On Metals

I have published an article on Seeking Alpha on the growth in Electric Vehicle demand and technology and the likely effect on metals.  I am not permitted to publish it in full here but a synopsis and the opening few sentences follow:

Summary

We expect the growth in the electric vehicle (EV) element of the automobile sector to be more rapid than most projections suggest.

Battery technology is improving very rapidly and will shortly overcome range anxiety and charging time worries.

A number of metals will benefit strongly from the growth in EV uptake, while some others will suffer, but this is a longer term viewpoint.

The take-up of electric vehicles (EVs) may well be in a growth pattern which could rival that of the price of bitcoin, but is unlikely, like the latter to push sales into bubble territory. As range anxiety and long charging times recede into obscurity with the enormous developments in battery technology, the environmental, and ultimately the cost, benefits of electric drive for automobiles over internal combustion engine (ICE)-driven small vehicles is likely to become paramount………

To read full article click on: www.seekingalpha.com  

and search for my articles under Lawrence Williams in the search box.  You may find some of my other articles to be of interest too.

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