Shares in Tesla, General Motors Co. and Ford Motor Co. have each dropped in value by more than 40 per cent from their peak prices. Which begs the question, are the automakers spending too much too soon on the EV revolution? Will the Detroit Three automakers renege on their commitment to rebuilding the Ontario auto sector around EVs? And will there be industry-wide layoffs, as Musk signalled with his tweet that Tesla will have to reduce its workforce by 10 per cent? The answer is no. The EV industry is forecast by analytics firm BloombergNEF to account for about $67 trillion in economic activity between now and 2050 — one of the biggest business opportunities in history. That staggering number is a rough estimate of the expense in replacing hundreds of millions of traditional internal-combustion vehicles over the next 30 years. Worldwide, according to the EV Mobility Consumer Index, about 52 per cent of prospective car buyers want to purchase an EV — the first time that measure has ticked about 50 per cent. https://www.thespec.com/ts/business/opinion/2022/06/09/the-stock-market-might-disagree-but-the-world-is-fired-up-for-electric-vehicles.html

1. Electrical
Vehicle Sales
and Adoption
PAUL YOUNG CPA CGA
APRIL 26, 2022

2. Paul Young - Bio
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
YouTube - https://www.youtube.com/user/youngercga1968/videos

3. Agenda
 Electrical Vehicle sales
 Blog – Critical Material
 Blog – Carbon Pricing
 Canada Power Production by Fuel
 Key Countries / Power Generation
 Smart Grids
 Micro Power Plants
 Top Countries / Clean Energy
 Technology / Power Generation
 Green Agenda
 Plug-in stations
 Power Rates / Canada
 Solar Power
 Sales Forecasting

4. EV Sales
SOURCE -
HTTPS://INSIDEEVS.COM/NEW
S/564639/GLOBAL-PLUGIN-
CAR-SALES-DECEMBER2021/

5. January 2022

6. USA – EV Sales
Source - https://insideevs.com/news/553972/us-bev-
sales-october-2021/
https://hedgescompany.com/automotive-
market-research-statistics/auto-mailing-lists-
and-marketing/

7. EV Sales
Source - https://www.wfae.org/energy-environment/2021-09-04/electric-vehicle-sales-are-
booming-in-the-u-s-but-the-southeast-lags

8. Vehicle Registration and Incentives
• Costs per each vehicle would range from $3K
to $5K
• This program has cost $500M and the
results are that 4% of the vehicles sold are
fully electrical
• The target of 20% by 2026 would mean
doubling the target of 4% each year. This
would also likely cost the govt $1.8B to
$2.5B

9. Global Automotive

10. Canada
and USA

11. USA Market
Source -
https://insideevs.com/news/
532721/us-bev-market-july-
2021/

12. North American Automotive Market
Global auto sales slid for a fourth consecutive month in August with a -7.6% m/m (sa) contraction as limited inventory
around the world impacted sales
A sharp -10.7% m/m deterioration in US auto sales stood out as North American auto production pulled back by -12%
m/m (sa), keeping already-depressed retail inventory low. But no region was immune with notable sales declines in most
major markets including China (-6.6% m/m) and Germany (-10.5% m/m).
North American continues to see growth of electrical vehicles. The growth still lags the combustion engine due to many
factors including cost, lack of access to plug-in stations, fire risk (GM Volt), battery capacity, production capacity, etc.
Source – Scotiabank
Additional Links: https://www.slideshare.net/paulyoungcga/global-automotive-market-what-is-next-250358443

13. Global
Automotive
SOURCE – SCOTIA BANK
Global Automotive
Report - May 2022.pdf

14. Electrical Vehicle Environmental Issues
 Methods of mining critical material and how power used to re-charge them can impact the
environment - https://www.cbc.ca/news/science/ev-electric-vehicle-carbon-footprint-
1.5394126
 Sustainable Transit - https://www.popsci.com/story/environment/electric-vehicles-emissions/
 Firefighting - https://www.caranddriver.com/news/a34335268/electric-car-fire-preparedness-
ntsb-report/
 Failures - https://phys.org/news/2019-03-electric-vehicles-failure.html
 Fabrication process - https://www.forbes.com/sites/jamesellsmoor/2019/05/20/are-electric-
vehicles-really-better-for-the-environment/?sh=532bb86b76d2

15. Fire issues / Batteries
Source - https://www.nextbigfuture.com/2021/09/gm-lg-and-hyundai-battery-fixes-from-mid-october-2021-
2023.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2Fadvancednano+%28nextbigfuture%29

16. Weather and eVehicle Batteries
 Cold weather - https://www.saskpower.com/about-us/our-company/blog/2021/myth-electric-vehicles-
cant-handle-our-cold-saskatchewan-winters
 Battery range - https://leasing.com/car-leasing-news/electric-vehicle-range-in-winter/
 Battery performance in the cold - https://www.notebookcheck.net/Electric-cars-performance-and-battery-
range-in-cold-weather-must-be-improved-say-Chinese-regulators.583003.0.html
 Heat and traffic jams - https://sports.yahoo.com/fact-check-electric-vehicles-more-180006875.html

17. EV as % of Total
Vehicle Sales
Source -
https://energy.economictime
s.indiatimes.com/news/powe
r/top-10-countries-with-
highest-share-of-electric-
vehicles/68584607

18. Blog – Critical Material
 Earth is getting greener.
 There are gaps between supply and demand for critical materials.
 Rising housing and food costs are enormous issues for consumers.
 https://www.slideshare.net/paulyoungcga/clean-technology-search-for-viable-solutions
 Blog – What is next for Critical Materials
1. EV Electrical Vehicles - https://www.ecoengineers.us/2021/05/06/ev-adoption/
2. Plug-in stations - https://www.autonews.com/regulation-safety/ev-charging-business-doing-everything-making-money
3. Supply and demand for critical materials - https://www.esi-africa.com/industry-sectors/future-energy/huge-mismatch-
between-critical-minerals-supply-and-global-climate-needs/
4. Food prices - http://www.fao.org/worldfoodsituation/foodpricesindex/en/
5. Supply Chain - https://www.bizjournals.com/charlotte/news/2021/05/10/3-supply-chain-lessons-learned-in-uncertain-
times.html
6. Carbon leakage - https://www.cbc.ca/news/business/carbon-adjustment-column-don-pittis-1.6016074
7. Water management - https://thenarwhal.ca/opinion-canada-water-agency-protect-freshwater/
8. World getting greener - https://fee.org/articles/rejoice-the-earth-is-becoming-greener/
9. Oil and the green economy - https://financialpost.com/commodities/energy/oil-gas/monetizing-carbon-how-one-canadian-oil-
producer-is-leveraging-its-technology-to-create-a-clean-tech-firm
10. Power - https://www.npr.org/2021/05/11/995849954/renewable-energy-capacity-jumped-45-worldwide-in-2020-iea-sees-
new-normal

19. Lithium
PRESENTATION TITLE 2/11/20XX 19
@FP_Champagne can you tell Canadian as to why Canada is
losing out to these kinds of investments?
https://www.industryweek.com/supply-
chain/article/21239547/japanese-ev-battery-firm-to-build-2-
billion-battery-plant-in-
kentucky?utm_source=IY+IW+Daily+Headlines+-
+Morning&utm_medium=email&utm_campaign=CPS2204140
91&o_eid=7930I4506489J2B&rdx.ident%5Bpull%5D=omeda
%7C7930I4506489J2B&oly_enc_id=7930I4506489J2B
@FP_Champagne It seems that China is actively buying up
lithium companies in Canada. Is this your real strategy when it
comes to developing lithium battery market?
https://www.yicaiglobal.com/news/china-yahua-industrial-to-
buy-13-of-canadian-lithium-startup-for-usd4-million
https://www.slideshare.net/paulyoungcga/clean-technology-
search-for-raw-materia-and-new-productspptx

20. Australia and USA
@JoeBiden
China still has not lived up to their imports from the USA. China imports are 75% of the 200B
min. promise when USA signed an agreement with China.
USA is doing one thing right that is partnering with AUS on supplies related to critical metals
https://www.slideshare.net/paulyoungcga/merchandise-tradethe-united-states-december-2021
Blog – Trade – United States – December 2021
@mary_ng you like take credit for a reduction in tariffs for the softwood lumber. The reality you
have failed to resolve the softwood impasse for over 6 years. The only reason the tariff was
reduced is due to high cost of lumber.
https://www.slideshare.net/paulyoungcga/merchandise-tradethe-united-states-december-2021
USA Trade -
December 2021.pdf
US-China trade deal
a ‘historic failure’ with purchases more than 30 per cent short of target, PIIE report says South China Morning Post.pdf
trends-in-australias-b
alance-of-payments.pdf
The United States
and Australia A Vital Partnership for the Indo-Pacific Region and the World - United States Department of State.pdf
Rising LNG Exports
Are Becoming A Problem For Biden OilPrice.com.pdf
American Agricultural
Exports Shattered Records in 2021 USDA.pdf
US Crude Imports
Climb, Exports Dip in 2021 Energy Intelligence.pdf
USA origin -
Manufuacturing Automotive.pdf
DOC Reverses
Course on Canadian Softwood Lumber Duties - Structural Building Components Association.pdf
Global chip shortage
gives US manufacturing a boost - CNET.pdf
Trade and Japan.pdf US mineral mining
badly lags Biden’s clean energy goals IHS Markit.pdf
Best EV Stocks To
Buy And Watch Now 5 Top Stocks For December 2021 Investor's Business Daily.pdf
US-Ports US marine
terminal acreage abuse cements port congestion.pdf
Four Ways We Can
Boost Supply Chain Risk and Resilience Education 2022-02-08 SupplyChainBrain.pdf
Supply chain winners
and losers in 2022 - Investment Monitor.pdf
US Trade Deficit Hits
Record, Reflecting Strong Economic Growth.pdf
China bought none
of the extra $200 billion of US exports in Trump's trade PIIE.pdf
Summary:
The United States posted its largest ever full-year trade deficit in the 12 months ending in
December, according to data released by the Commerce Department on Tuesday, signaling
continued strong economic growth and vibrant consumer demand as the country emerges from
the recession induced by the COVID-19 pandemic.
https://www.voanews.com/a/us-trade-deficit-hits-record-reflecting-strong-economic-
growt/6433235.html
1. USA and Australia critical metals - https://www.state.gov/the-united-states-and-australia-a-
vital-partnership-for-the-indo-pacific-region-and-the-world/
2. LNG - https://oilprice.com/Energy/Energy-General/Rising-LNG-Exports-Are-Becoming-A-
Problem-For-Biden.html

21. Blog – Carbon Pricing
 Carbon pricing / taxation are regressive taxes.
 There are more issues with environment that go beyond carbon pricing/tax
 More emphasis should be on all aspects of the environment including mandatory public and private sector on ESG reporting -
https://www.slideshare.net/paulyoungcga/does-the-world-need-carbon-pricing
1. Recycling - https://www.paperadvance.com/news/sustainability/the-fight-against-climate-change-and-the-role-of-recycled-
products.html
2. Producing environmentally friendly products - https://www.onyalife.com/eco-friendly-products/
3. Urban planning - https://urbanpolitical.podigee.io/43-greening
4. Green transportation - https://www.trucknews.com/sustainability/vision-of-green-transportation-faces-business-
challenges/1003151542/
5. AG – sustainable practices - https://www.ctvnews.ca/business/mccain-foods-aims-to-have-fully-sustainable-agricultural-practices-
by-2030-1.5459055
6. Water management - https://www.waterworld.com/environmental/article/14204399/developing-a-water-management-strategy-
for-drought-and-fire-season
7. Access to critical materials - https://mineralprices.com/
8. Middle class - https://pledgetimes.com/2021/06/columns-the-climate-issue-should-not-be-made-repulsive-to-the-middle-class/
9. Big government - https://www.nationaljournal.com/s/712502/the-era-of-small-government-is-over/
10. Electricity - https://elements.visualcapitalist.com/nuclear-energy-in-the-clean-energy-transition/

22. Power Generation / Key Country –

23. Smart Grids
Source -
https://www.globenewswire.c
om/news-
release/2020/08/13/2077717
/0/en/Worldwide-
Transformer-Monitoring-
System-2019-to-2027-
Offshore-Wind-Farms-
Presents-Opportunities.html

24. Micro power plants
Source - https://www.marketsandmarkets.com/PressReleases/micro-grid-
electronics.asp

25. Waste to Energy
The focus should be on the circular economy as part of recycling and zero-waste management. I am floored also why
we do not incinerate garbage as part of energy management.
Circular Economy - https://www.slideshare.net/paulyoungcga/how-to-best-support-a-circular-economy
Waste to Energy - https://greenerideal.com/news/energy/waste-to-energy-technologies/
• Sweden biogas -
https://sweden.se/nature/the-swedish-
recycling-revolution/
• Top companies (Waste to Energy) -
https://www.energystartups.org/top/waste-
energy/
• EU and Waste Energy -
https://www.statista.com/statistics/1122082/e
urope-waste-to-energy-capacity-by-country/
• USA -
https://www.eia.gov/energyexplained/biomas
s/waste-to-energy.php

26. Top Countries /
Clean Energy
 Top 10 green countries are European -
https://www.conserve-energy-future.com/greenest-
countries-earth.php
 Iceland leads the world in terms of clean energy (Wind,
Solar, Tidal, and Geothermal) -
https://www.clickenergy.com.au/news-blog/12-
countries-leading-the-way-in-renewable-energy
 50% of the emissions come from China, USA, and India
- https://www.ucsusa.org/resources/each-countrys-
share-co2-emissions
 Circular Economy -
https://www.slideshare.net/paulyoungcga/how-to-
best-support-a-circular-economy

27. Plug-in Stations
 Use of diesel generators - https://thedriven.io/2018/12/14/diesel-charge-evs-
remote-locations-greener-than-you-think/
 Viability - https://financialpost.com/commodities/energy/electric-vehicles/ev-
charging-industry-is-doing-everything-except-showing-a-profit or
https://www.bloomberg.com/news/articles/2021-04-30/ev-charging-industry-is-
doing-everything-except-showing-a-profit
 Sizeable infrastructure must be built to support electrical vehicles
 Source - https://www.slideshare.net/paulyoungcga/plugin-stations-electrical-vehicles-february-
2021

28. Charging issues
Source -
https://www.supplypro.ca/slo
w-charging-times-threaten-
ev-sales/

29. Technology /
Power
 AI and Power Production - https://www.uniper.energy/news/4-
benefits-of-ai-in-the-operation-of-power-plants/
 AI will reshape energy production - https://www.petroleum-
economist.com/articles/low-carbon-energy/energy-
transition/2020/ai-will-shape-the-energy-transition
 IBM and Verizon (5G) - https://newsroom.ibm.com/2020-07-16-
IBM-and-Verizon-Business-to-Collaborate-on-5G-and-AI-
Solutions-at-the-Enterprise-Edge
 RPA and Energy Sector - https://www.tcs.com/blogs/measuring-
effort-in-robotic-process-automation
 Analytics / Utilities - https://www.globenewswire.com/news-
release/2020/06/22/2051219/0/en/4-3-Billion-Energy-and-
Utilities-Analytics-Industry-to-2025-COVID-19-to-Have-a-
Significant-Impact-on-the-Sector.html
 Hydro Quebec line inspection -
https://ca.finance.yahoo.com/news/hydro-qu-bec-nucleom-sign-
100000195.html

30. Green Agenda
 Economies around the world are very fragile.
There is a big movement to push more spending
towards the green economy
 Green https://www.slideshare.net/paulyoungcga/fail-
green-agenda-ontario-july-2019
 Climate Change -
https://www.slideshare.net/paulyoungcga/clean-
technology-the-green-economy
 Clean - https://financialpost.com/technology/liberals-
600-million-cleantech-fund-is-losing-money-and-
struggling-to-find-investments
 Economy -
https://www.slideshare.net/paulyoungcga/global-
economy-current-state-and-whats-next

31. Solar Power
Blog – Solar Panels – What is Next? - https://www.linkedin.com/pulse/blog-solar-panels-what-next-paul-young/?published=t
- Shortage of raw materials to make solar panels.
- Load factors with solar panels.
- Natural resources sector needs to be identified as a critical area with the supply chain.
Summary
 The global solar panels market exceeded USD $115 billion in 2019 and is expected to exceed $176 billion by 2027.
 The global solar panels market exceeded USD $115 billion in 2019 and is expected to exceed $176 billion by 2027. The German government has
undertaken initiatives to implement solar power in the country and target having 50% of their energy being derived from renewable sources by 2025.
 https://www.canadianmanufacturing.com/manufacturing/gblt-corp-announces-relaunching-of-its-solar-energy-division-267817/
 Risks
 Risk 1: Changing Regulations: Losing Net Metering or SRECs.
 Risk 2: Electric Prices Stagnating, or Worse, Getting Cheaper.
 Risk 3: Partnering with an Underperforming Installer.
 Risk 4: Damage to Your Roof.
 Risk 5: Spending More Money if your Roof Needs Replaced.
 https://www.paradisesolarenergy.com/blog/the-top-risks-to-owning-a-solar-system

32. Sales
Forecasting

33. ESG Reporting
SEC may require climate risk disclosures in expanded 10-Ks: Gensler
 Securities and Exchange Commission (SEC) Chair Gary Gensler has asked agency staff to submit a proposal for mandatory climate risk
disclosures for consideration by the end of 2021. Such reports may be required in an expanded Form 10-K and describe a company’s direct
and indirect carbon emissions, including those by suppliers and partners in its “value chain.”
 Companies may be required to disclose both qualitative and quantitative details, including how they manage climate-related risks and
opportunities in day-to-day operations and in broad strategy, Gensler said Wednesday. They may also need to report on metrics such as
greenhouse gas emissions, financial impacts of climate change and progress towards climate-related goals.
 “Today, investors increasingly want to understand the climate risks of the companies whose stock they own or might buy,” Gensler said in
remarks during a webinar. “InveHttps://www.cfodive.com/news/sec-may-require-climate-risk-disclosures-expanded-10-ks-
gensler/604084/?utm_source=Sailthru&utm_medium=email&utm_campaignstors are looking for consistent, comparable, and decision-
useful disclosures so they can put their money in companies that fit their needs. =Issue:%202021-07-
29%20CFO%20Dive%20%5Bissue:35724%5D&utm_term=CFO%20Dive
Here is my latest presentation on Environmental, Social, and Governance (ESG) reporting - https://www.linkedin.com/posts/paul-young-
055632b_box-activity-6822831792043769856-T0Fe

34. Russia
• Russia is global player in areas like Nickel, Palladium, lithium
Blog – Electrical Vehicles – What is next
Global Automotive
Sales.pdf
China And Russia
Make Critical Mineral Grabs in Africa While the U.S. Snoozes.pdf
MiningWorld Russia -
How is Russia developing rare earth metals MiningWorld Russia.pdf
On When Russia Will
Increase Production of Critical Metals.pdf
Russia Is One of the
Biggest Producers of Palladium. Prices Climbed to a Record. Barron's.pdf
Russia eyes major
lithium production increase in years to come – Resource World Magazine.pdf
Russian
state-controlled firm enters lithium project in Argentina Reuters.pdf
Russia Producing its
own Motherboards, and the Brilliance of VLIWs.pdf
Top six countries with
the largest nickel reserves in the world in 2020.pdf
The largest cobalt
reserves in the world by country.pdf
Rosatom plans 2
GWh lithium-ion battery factory in Russia – pv magazine International.pdf
Russia’s Getting Left
Behind in Global Dash for Clean Energy - Bloomberg.pdf
Finally, a thumbs-up
for Canadian oil — but will anybody notice Financial Post.pdf
Top six countries with
the largest lithium reserves in the world.pdf
Before Invasion,
Ukraine’s Lithium Wealth Was Drawing Global Attention - The New York Times.pdf
1. Russia and Critical metals - https://www.forbes.com/sites/arielcohen/2022/01/13/china-and-
russia-make-critical-mineral-grabs-in-africa-while-the-us-snoozes/?sh=176ede0c6dc4
2. Ukraine and Lithium - https://www.nytimes.com/2022/03/02/climate/ukraine-lithium.html
3. Rare Earths - https://miningworld.ru/Articles/how-is-russia-developing-rare-earth-metals
4. Rare Metals - https://forpost-sz.ru/en/a/2021-10-29/when-russia-will-increase-production-
critical-metals
5. Lithium – https://www.reuters.com/world/europe/russian-state-controlled-firm-enters-lithium-
project-argentina-2021-11-29/
6. Palladium - https://www.barrons.com/articles/russia-sanctions-palladium-prices-51646263033
7. Motherboard - https://www.electropages.com/blog/2021/05/russia-producing-its-own-
motherboards-and-brilliance-vliws
8. Nickel - https://www.nsenergybusiness.com/features/nickel-reserves-countries/
9. Cobalt - https://www.nsenergybusiness.com/features/largest-cobalt-reserves-country/
10. Lithium - https://www.pv-magazine.com/2021/03/09/rosatom-plans-2-gwh-lithium-ion-battery-
factory-in-russia/

35. Summary
 More and more countries are moving to cleaner fuel supply for their electricity needs
 Cold weather has played havoc with renewable sources like wind and solar - https://www.foxbusiness.com/energy/texas-
winter-storm-shows-diverse-energy-supply-needed-ex-energy-secretary
 More options when it comes to smart grids - https://www.whatissmartenergy.org/energy-blog/3-key-benefits-of-the-
smart-grid
 There are issues with government subsidies and EV adoption - https://uk.motor1.com/news/491304/report-questions-
government-ev-grant/ or https://theconversation.com/electric-vehicles-as-an-example-of-a-market-failure-111783
 Tesla makes up the vast majority of electrical vehicles - https://www.cnet.com/roadshow/news/tesla-cars-ev-registrations-
us/
 Global economy continues to be very fragile - https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-
economy-january-2021 or https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-economy-april-2021 or
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-economy
Blog – Electrical Vehicle and Plug-in Stations – May 2022
Global Plug-In
Electric Car Sales Increased 38_ In April 2022.pdf
Global Automotive
Report - May 2022.pdf
The Top 10 EV
Battery Makers - IEEE Spectrum.pdf
GUEST VIEW
Adapting to reliance on imports of battery metals is dangerous - Odessa American.pdf
Busting electric car
myths Just how green is an EV .pdf
The Summit of the
Americas Failed to Achieve Regional Energy Cooperation Barron's.pdf
Global metal supply
lags amid huge demand for electric cars, solar Fortune.pdf
The stock market
might disagree, but the world is fired up for electric vehicles TheSpec.com.pdf
US Tesla Dominates
BEV Sales In January-April 2022.pdf
The World Is
Scrambling For Lithium Supply OilPrice.com - Clean tech.pdf
DOT proposes rules
for national EV charging network, including 97_ uptime and 150 kW requirements Utility Dive.pdf
IEA Critical minerals
prices increasing at record pace - Russia.pdf
California's electrical
grid has an EV problem.pdf
Electric vehicles could
make a big dent in Europe’s transport emissions.pdf
Windsor needs
Ontario's help to speed up land approvals for new EV battery plant city CBC News.pdf
Rumor Honda And
LGES Might Build A Battery Plant In Ohio.pdf
Lithium-ion battery
pack causes fire at Rivian plant - Best Magazine.pdf
Shares in Tesla, General Motors Co. and Ford Motor Co. have each dropped in value by more
than 40 per cent from their peak prices.
Which begs the question, are the automakers spending too much too soon on the EV revolution?
Will the Detroit Three automakers renege on their commitment to rebuilding the Ontario auto
sector around EVs? And will there be industry-wide layoffs, as Musk signalled with his tweet
that Tesla will have to reduce its workforce by 10 per cent?
The answer is no.
The EV industry is forecast by analytics firm BloombergNEF to account for about $67 trillion in
economic activity between now and 2050 — one of the biggest business opportunities in history.
That staggering number is a rough estimate of the expense in replacing hundreds of millions of
traditional internal-combustion vehicles over the next 30 years.
Worldwide, according to the EV Mobility Consumer Index, about 52 per cent of prospective car
buyers want to purchase an EV — the first time that measure has ticked about 50 per cent.
Source - https://fortune.com/2022/06/10/metals-supply-shortage-demand-electric-cars-renewables/
1. Lithium prices – https://oilprice.com/Energy/Energy-General/The-World-Is-Scrambling-For-
Lithium-Supply.html
2. Plug-in stations - https://www.utilitydive.com/news/dot-proposes-rules-for-national-ev-
charging-network-including-97-uptime-a/625262/