04/17/2018 In The News

    Seeking Alpha — Lithium Investing: Capital Continues To Flow Into Lithium Assets As Demand Rises

    In December 2017, I visited the Los Angeles Auto Show to better understand the transition to new energy vehicles. I was content with my findings. Every automaker either offered an all-electric or plug-in hybrid vehicle, but it was clear that the industry still requires another year before more options become available to the general population. Total American plug-in hybrid and all-electric vehicle sales have gradually been increasing year over year. In 2016, sales figures amounted to 158,000 units, which grew to 199,000 units in 2017, with the top selling models being the Tesla Model S at 27,000 units and the GM (GM) Chevy Bolt at 23,000 units, followed by the Tesla Model (TSLA) X at 21,000 units. Plug-in vehicle sales in Europe were 307,400 units in 2017, 39% higher than for 2016.

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