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According to Cairn Energy Research Advisors, a research firm focused on the battery and EV industries, global sales of EVs in 2021 might go approximately 36% and top around 3 million vehicles for the first time ever. “There’s pent-up demand for electric vehicles,” said Sam Jaffe, managing director of Cairn Energy Research Advisors. “We are expecting to see a combination of factors make 2021 an inflection point for the sale of electric vehicles.”
With the EV market expected to see unprecedented growth not only in the long-term future, but the short-term, it is no wonder why these metals are in such high demand. Check disclaimer on profile.