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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

"Frontier Lithium Inc is a Canada-based mining exploration company engaged in acquisition, exploration, and development of mining properties. It focuses on elements like lithium, tantalum, rubidium, and cesium by exploring for lithium, cesium and tantalum classified pegmatites. Geographically it operates in one segment, Canada. Its main project is the PAK lithium project."


TSXV:FL - Post by User

Post by RAFFL007on Apr 01, 2024 4:06pm
152 Views
Post# 35963576

Electric Cars Pass the Tipping Point

Electric Cars Pass the Tipping PointBloomberg
March 28th, 2024 - by Tom Randall


EV tipping point: when 5% of new car sales are purely electric. This threshold signals the start of mass adoption, after which technological preferences rapidly flip.


Why is 5% important?

New technologies — from televisions to smartwatches — follow an S-shaped adoption curve. Sales move at a crawl during the early-adopter phase, before hooking into a wave of mainstream acceptance. The transition often hinges on overcoming initial barriers such as cost, a lack of infrastructure and consumer skepticism. The tipping point signals the flattening of these barriers. 

Ref.:https://www.bloomberg.com/news/articles/2024-03-28/electric-cars-pass-adoption-tipping-point-in-31-countries?embedded-checkout=true


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