In December 2023, Europe saw a decline in new-vehicle registrations, the first in 17 months, primarily due to decreased electric vehicle (EV) demand. However, January 2024 marked a resurgence, especially in Germany, with a 19% increase in passenger car registrations and a 37% rise in new plug-in electric car registrations. Despite facing economic uncertainties and reduced incentives, brands like Mercedes-Benz, BMW, and Audi led in EV registrations. This mixed market response underscores the crucial role of policy support and strategic industry adjustments in navigating the evolving automotive landscape towards sustainable mobility.
Read More »Edison Lithium: The Need For Lithium is Major
Lithium is a silvery-white and very soft metal that belongs to the group of alkali metals in the periodic table. There are three main sources of lithium: (1) brine, (2) hard rock deposits, and (3) clay. About half of global lithium is produced from groundwater brine enriched in dissolved lithium. The …
Read More »First Energy Metals Lithium Project in Quebec Could Fuel EV Future
First Energy Metals continues to release drilling results from its Augustus Lithium Project in the Abitibi Lithium region of Quebec that validates historical lithium grades. Lithium for lithium batteries in Electric Vehicles and electrical grid storage applications is garnering the most attention in the media these days.
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