Thursday, 29 September 2022

Ford Jumps on EV Megatrend to Tune of $11 Billion

The "Green Energy Revolution" is Creating Massive Global Demand for Lithium – its Most Precious Commodity

Ford's New $11B Electric Plans Ups the Ante on Lithium Demand

In Sept. 2021, Ford announced a whopping $11.4 billion deal for "mega-sites" to produce electric trucks and batteries. By 2032, 50% of all vehicle sales worldwide will be powered by lithium batteries, according to energy consultancy DNV GL.

There's no stopping the EV clean energy megatrend, but where will all the lithium come from?

Argentina's Lithium Triangle holds the majority of the world's lithium resources. And one small company in this mining-friendly zone has caught the attention of investors because of their monster acquisition in this prime location.

See Why You Should Put This Company on Your Radar Today!

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