Electric cars and plug-in hybrids popular

To be exact, there were 962,812 applications for subsidies and since the end of October 2021, almost 65,000 new applications have been added, which is a new high. This means that the purchase premium applications for e-cars and plug-in hybrids are showing impressive growth. December 2020 saw the previous high of just over 58,000 applications. Of these, just under 39,000 applications were for electric cars, just over 26,000 applications were for plug-in hybrids and three applications were for fuel cell vehicles. Buyers are happy about the premiums. Overall, more companies than private individuals are requesting the premiums.

To ensure that the further expansion of electromobility is successful, the number of charging stations is also being increased. There are currently almost 26,000 charging stations in Germany, a good 4,000 more than a year ago. According to the International Energy Agency (IEA), registrations of vehicles with electric drives rose by around 41 percent worldwide last year. A development that can no longer be stopped. This is where the necessary raw materials come into play, which the increasing electromobility will devour. An important component of lithium-ion batteries is lithium.

The largest and also economically mineable lithium reserves are located in Chile. Australia has the second largest reserves of this highly sought-after raw material. Well known in this context is the "Lithium Triangle", located in Chile, Argentina and Bolivia.

Lithium in the properties has, for example, Millennial Lithium – https://www.youtube.com/watch?v=4iftwdjuCAU -, recently acquired by Lithium Americas.

Elsewhere, namely in Mongolia, ION Energy – https://www.youtube.com/watch?v=f1D_y49h7eQ – is located with its lithium projects Baavhai Uul and Urgakh Naran.

Current company information and press releases from Millennial Lithium (- https://www.resource-capital.ch/en/companies/millennial-lithium-corp/ -).

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