Electric vehicle sales boom unlikely to ease Asia’s dependence on energy imports, analysts warn: ASX:FLG Media Coverage in South China Morning Post
Electric vehicle sales boom unlikely to ease Asia’s dependence on energy imports, analysts warn A global shift to electric vehicles is unlikely to ease Asia’s dependence on energy imports that are currently tied to fossil fuels, analysts warn, with China’s domination of critical minerals among significant challenges to resource vulnerability. Asia currently accounts for 40 per cent […]
PAM’s View on the Future of EVs
As the automotive industry transitions to electric vehicles (EVs), the need for battery minerals has skyrocketed. The International Energy Association (IEA), projects the 2040 demand for lithium to grow over 12 times the 2020 demand. EVs and battery storage are now the largest consumers of lithium, putting miners in a race to produce battery-grade lithium […]