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G7 viewpoint: EV push faces upstream challenges

From argusmedia.com

A US administration focused on climate change and a British host eager to plug its green credentials will lead to a sharp focus on vehicle electrification at this year's G7 summit, but big promises will require significant upstream investment in metals supply chains if they are to take root and extend beyond headlines. Discussions in Cornwall this weekend are expected to centre around restricting internal combustion engine (ICE) vehicle sales, with Germany and the UK having already committed to banning new sales by 2030. Japan is currently targeting 2035, while France, Canada and the US plan to ban sales by 2040. ... (full story)

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  • Category: Fundamental Analysis