Given this new investment, plug-in electric vehicle (PEV) sales are expected to experience 62 Percent Year-over-Year Growth in 2016, 60% in 2017, and likely 100% in 2018. This translates into over 600,000 in PEV sales expected in 2018, creating a new level of demand for which the market will need two new lithium mines in operation to even begin to satiate.
“Looking at the full picture here, the future demand for lithium is truly staggering,” says Michael Kobler, CEO and director of American Lithium Corp., one of the ambitious new explorers shaking up the lithium mining scene in Nevada.
Is that ball buster deal with DLC going to happen? Who knows for sure but be ready if it does. I am ready for the ball buster deal! U 2?
Revenue, page-81
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