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Electrification in bus transport thanks to lithium





 

Whether in New York or in Germany, bus transport is increasingly being electrified.

In New York, it is a German company from Munich that is electrifying two electric bus fleets. The largest public bus fleet operator in the USA is also involved. Electric buses are also becoming more and more common in this country. Many public transport companies, for example, are planning to completely convert their bus fleets in the next few years. By 2040, up to 70 percent of all buses here are to be purely electric. This not only ensures a plus in terms of lower CO2 emissions but can also save costs. In New York, the new electric buses are expected to significantly reduce operating costs. The energy transition and electromobility belong together, as do electromobility, lithium-ion batteries and lithium as a raw material.

Until recently, the production of lithium-ion batteries was associated with Asia. Today, the USA and Europe are becoming important countries for the production of the batteries. The availability of lithium and its sustainable extraction are therefore coming into focus. After all, lithium will continue to be an essential component of batteries in the coming decades. Australia and Chile are currently responsible for around two-thirds of lithium production. Other countries are pushing into the market, for example Canada, Argentina, Mali and Brazil. There is agreement that global lithium production must be significantly expanded to meet demand.

For example, ION Energy – https://www.commodity-tv.com/play/ionenergy-recent-drill-results-indicate-a-shallow-lithium-brine-with-good-grades/ -, a junior lithium company with two lithium projects in Mongolia, is working on this. ION Energy\-s exploration licenses in mining-friendly Mongolia are among the largest there.

But not only the raw material lithium, also new generations of lithium-ion batteries are part of the development of the climate change. Here Li-Metal  is working on battery anodes of the future in order to be able to supply large quantities of them cost-effectively.

Current company information and press releases from Li-Metal (- https://www.resource-capital.ch/en/companies/li-metal-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/





Posted by on 25. January 2023. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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