In 2022, more than 470,000 electric vehicles were registered in Germany, more than ever before. By November 2022, a whopping 366,000 electric cars had been sold. It is estimated that 14.5 percent of European roads will be electric by 2022. By 2025, a market penetration of 20 percent is forecast. Carmakers such as Ford, Opel, Peugeot and Jaguar only want to produce electric cars by 2030. VW plans to phase out combustion engines by 2033 at the latest. Demand for electricity and the raw materials necessary for lithium-ion batteries will also increase by then.
According to the study, the electricity costs, which rose significantly last year, can be reduced by using gas and nuclear power. Although the yield from renewable energy has increased, those driving electric roads now have to pay more for electricity. In this country, the essential electricity needs cannot be covered by renewable energy sources alone. Solar energy as well as wind and water power are not as frequent as they should be. Although the solar climate in 2022 caused the production of solar energy to increase by almost 19 percent compared to the previous year. Renewable energies must be expanded further.
Electromobility requires lithium-ion batteries, as well as portable devices such as laptops, drones, home and garden appliances and medical devices. E-bikes and pedelecs also work only with these batteries. These contain, among other things, the coveted lithium. The ideal location for lithium is the lithium triangle.
For example, in Argentina alpha lithium – https://www.youtube.com/watch?v=3ENS_lryrQw – represented by two very promising lithium projects.
But there are also excellent lithium deposits elsewhere, for example in Nevada. There is Cypress Development — In addition to developing an on-site lithium property, the Clayton Valley Lithium Project.
Current company information and press releases from Alpha Lithium (- https://www.resource-capital.ch/de/unternehmen/alpha-lithium-corp/ -) and Cypress Development (- https://www.resource-capital.ch/de/unternehmen/cypress-development-corp/ -).
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