This is not intended to cross pollinate SGQ thread re another stock I have invested in but there is a lot of newsflow which we are all very interested in related to the significance of investment by major vehicle manufacturers
Here are some links to show what sort of investment is being made - just in the EV space, let alone other forms of power generation and battery storage applications
I have only included the AUZ reference so I don't break any rules where this information has come from - it is from tweets from AUZ - a lot of useful information comes from these - outside of ASX announcements
1. Volkswagen and Daimler supplier SK Innovation is considering a $10 billion investment in battery cells https://t.co/Yc15hPltMO. #batterymetals #EVs #cleanenergy $AUZ
2. With Volkswagen set to invest $91 billion over the next 5-10 years, which other companies will be heavily investing? https://t.co/5rLDAfyWNR #batterymetals #cleanenergy #EVs $AUZ
3. The rumours have been put to rest with the Volkswagen and Ford alliance now confirmed. The two brands are working on bringing us new vans and pick-up trucks (known as the trusty ute in #AUZ) which could potentially be all-electric. https://t.co/M9bI0P8Mfz #batterymetals #EV $AUZ
There are literally hundreds of billions of dollars being invested by major car manufacturers alone and now huge numbers of gigafactories are underway also -
Nickel is at the top of the tree (IMHO) and every Car manufacturer has stated they want their battery materials from ethical supply.
Cheers
IO
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