For investors in EUR, this story below is very interesting for...

For investors in EUR, this story below is very interesting for sure. Europe is going crazy trying to catch up with China in the EV business and losing the race every single day. China has realized that they will never match the technical expertise of Europe (Germany) in emission producing vehicles so they decided to go full metal jacket on EVs. Europe has not one operating Lithium EV Battery producing company utilizing in-country Lithium Production.

At this particular time and place in EV production, Europe has lost their advantage in producing automobiles due to their own idiocy in banning CO2 producing vehicles. China will kick Europe's rear end in producing and selling EVs.

VW just fired its wildly successful manager of VW and put a political hack in charge. He will lead the charge in producing EVs. A sure sign of defeat is when politicians begin to direct large business managements and all. VW has politicians sitting on the board of directors making decisions for the company. This is the end for sure. In trying to catch up, now they are trying to open up the old east German mines to locate cobalt and Lithium. (Story Below) The good news for having politicians on the board of directors is that they can direct large amounts of Tax Free Money to the company. In the last 10 years the wildly successful VW Company received 8 Billion Euro in Tax Free Money from the government. WHY? More is Better of course...................

Guys and Gals, Europe already has a Lithium Mine in Austria that in less than two years will start production of Lithium and soon will announce larger deposits of Lithium than earlier announced, according to management.

Anybody know the name of this mine????? I will give U a hint. I think it is called E-U-R or something.......................If U have EUR in your portfolio, just relax. It will soon make U very happy. In my opinion.

https://global.handelsblatt.com/mobility/miners-scour-german-mountains-for-lithium-910464

Digging it

The hunt for Germany's buried e-car treasure

A veritable gold rush has broken out in Germany's Ore Mountains, with mining firms searching for the lithium and cobalt needed to feed the surge in electric car production. There's just one problem - someone threw out the treasure map.
By

• Thomas Stoelzel, Martin Seiwert

Published on April 13, 2018 1:31 pm