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VWAGY - 174 Billion Reasons To Invest In Lithium
April, 01 2021 11:31 AM
Volkswagen AG ADR Repstg 1/10th Sh
The U.S. government is going to invest $174 billion into EVs by 2030 via the infrastructure plan. Lithium prices are blasting off, up 88%. Volkswagen to build 6x 40 Gigawatt electric battery factories by 2030. This will fuel lithium demand. Other companies (such as CATL) are also expanding EV battery production while Ford expands its EV capability. At these prices, Lithium Americas is undervalued given the demand for lithium approaching. For further details see:
174 Billion Reasons To Invest In Lithium
Stock Information
Company Name:
Volkswagen AG ADR Repstg 1/10th Sh
Stock Symbol:
VWAGY
Market:
OTC
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