An article in the Saturday Age on Electric Vehicles. Volvo to be solely producing electric and hybrid vehicles by 2019. Volkswagen looking to mass produce EVs and launching a new electric Golf like model called the Neo by 2020. It's no longer a matter of if EVs take off. They are coming fast now. For a big car maker like Volvo to be calling a close on all of its conventional combustion engine vehicles is huge. And France to BAN ALL combustion engine vehicles by 2040.
This is going to necessitate a network of charging stations. Yet another valuable string to LPE's bow. This story is going to come together in 2H 2017 I think.
Ann: Appendix 4C - quarterly, page-50
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