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Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jörg Schulte +49 2983 974041

2022 was dominated by electromobility

(PresseBox) (Herisau, )
Especially towards the end of last year, many buyers still opted for an electric vehicle.

In 2022, more e-cars were registered in Germany than ever before, with more than 470,000 purely electric cars. A good 366,000 electric vehicles had been sold by November 2022. On Europe's roads, an estimated 14.5 percent will have been electric in 2022. By 2025, market penetration is forecast at 20 percent. Carmakers such as Ford, Opel, Peugeot and Jaguar, for example, plan to produce only electric cars by 2030. VW has set a phase-out date of 2033 at the latest, when the demand for electricity and the raw materials needed for lithium-ion batteries will also rise. According to a study, electricity costs, which increased immensely last year, can be reduced by gas and nuclear power.

Although the yield from renewable energies has increased, even those who drive electrically on the road now have to pay more for electricity. In this country, the necessary electricity demand cannot be met by renewable energy sources alone. Solar energy and also wind and waterpower are not as constant as they need to be. Although sunny weather in 2022 also caused solar power generation to increase by around 19 percent compared with the previous year. Renewable energies must therefore be expanded even further.

Electromobility needs lithium-ion batteries, as do portable devices such as laptops, drones, household and garden appliances, and medical devices. E-bikes or pedelecs also only work with these batteries. Among other things, these contain the coveted lithium. An excellent lithium area is the lithium triangle.

There in Argentina, for example, Alpha Lithium - https://www.youtube.com/watch?v=3ENS_lryrQw - is represented with two very promising lithium projects.

But there are also excellent lithium deposits elsewhere, for example in Nevada. There, Cypress Development - https://www.youtube.com/watch?v=r2fqNB6XsB4&t=23s - is on site with a producing lithium property, the Clayton Valley Lithium Project.

Current corporate information and press releases from Alpha Lithium (- https://www.resource-capital.ch/en/companies/alpha-lithium-corp/ -) and Cypress Development (- https://www.resource-capital.ch/en/companies/cypress-development-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.