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Morella Corporation Limited is an Australia-based exploration and resource development company focused on lithium and battery minerals. The Company is engaged in exploration activities on multiple lithium project opportunities located in Tier 1 mining jurisdictions in both Australia and the United States. Its projects include Mallina Lithium Project and Fish Lake Valley Lithium Project. The... see more

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Morella Corporation Ltd > Huge 2019 for EVs in EU

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Post by goodtoreadthis on Oct 08, 2018 1:47pm

Huge 2019 for EVs in EU

Next year will be huge forelectric car launches as Europeans race to catch up
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2 hoursago | Reuben Adams
Almostevery major European carmaker will launch one or more electric vehicle (EV)models over the next 18 months.
Next yearwill mark the start of a huge EV ramp-up for the world’s biggest carmakers —and that’s expected to have a serious impact on demand for key batterymetals such as lithium, cobalt, manganese, HPA and nickel.
Eurocar-makers have a lot of ground to make up on EV leaders Tesla, Nissan andChinese manufacturers – who continue to break production and sales recordsevery month.
Teslasold an estimated 22,250 Model 3s in September in the US alone according to this report — the highest ever for sales of a single plug-in electric car in a month, and the first time an EV has beaten 20,000 sales a month in the US market.
French-ownedPSA Group — which sells the Peugeot, Citreon, DS, Opel and Vauxhallbrands — is undergoing an self-described “electrification blitz”from next year, as it aims for 100 per cent EV core models by 2025.
This is acompany that made net profit of about $2.4 billion on car sale revenues of $50billion in the first half of 2018.
ItsPeugeot and Citreon brands showed off fully EV and hybrid versions of itspopular models — due for rollout next year — at the Paris Motor Show last week.
It alsounveiled its beautiful, fully electric concept Peugeot e-Legend car.
Inresponse to a change.org petition to get the e-Legend into production, Peugeotboss Jean-Phillipe Imparato says:
If we get to 500,000 we might really have to consider it…#PeugeotELegend @Autonews_fr https://t.co/hNOzPlZn7w
—Jean-Philippe Imparato (@JPImparato) <a data-cke-saved-href="https://twitter.com/JPImparato/status/1047145835711090689%3Cbr%3E%3Ciframe%20width=" href="https://twitter.com/JPImparato/status/1047145835711090689%3Cbr%3E%3Ciframe%20width=" 500"="" height="186" data-cke-saved-src="//s9e.github.io/iframe/twitter.min.html#1047145835711090689" src="//s9e.github.io/iframe/twitter.min.html#1047145835711090689" allowfullscreen="" frameborder="0" scrolling="no" data-s9e="" style="color: rgb(0, 102, 255); text-decoration-line: none; padding: 0px 3px; margin: 0px -3px; border-radius: 5px;">">?ref_src=twsrc%5Etfw">October 2, 2018
Germany’sVolkswagen Group estimates it will sell 3 million EVs in 2025.
Of that,its I.D. models – which starts production next year – are expected tocontribute 1 million of those sales.
Audi, also part of the VolkswagenGroup has started production of its e-tron EV ahead of full production in 2019;it’s expected to produce about 20,000 a year.
And thefirst Mercedes-Benz vehicle under the fully electric EQ brand willbe launched by mid-2019 – part of a range that is expected to expand to include10 new models by 2022.