1.1 Million Ev's sold in 2017
11 Million expected 2025
30 Million expected 2030
By 2040 55% of new car sales will be electric
https://about.bnef.com/electric-vehicle-outlook/
Every Million EVs require 100,000 tonnes of graphite. Representing a 15% increase in the flake graphite market.
http://northerngraphite.com/lithium-ion-batteries/
Half this demand expected to be comming from China. Given there crack down on pollution EVs will be pushed hard!!! Guess who HXG is geographically too...
Dad paid $1.60 for petrol yesturday, mass adoption of EVs cant come soon enough!!!
The mine will be built, contracts will be signed, high quality graphite will be produced and phat dividends will be paid to the lucky holders of the 251 Million units of HXG.
1.1 Million Ev's sold in 2017 11 Million expected 2025 30...
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