ASX Stock to Ride the Great Electric Vehicle Rush
The world is rapidly making the switch to electric vehicles. It is reported this will be a $5 trillion undertaking.
This switch to EVs, will be the biggest global wealth creation event since the industrial revolution, oil, railroads, internet and mobile phones.
The European Union is leading the charge with its "Green New Deal" - a set of policy initiatives with the aim of making Europe climate neutral by 2050. It is leading with electrification of its vehicle fleet.
Europe is the heartland of automakers and all of them are switching to producing Electric Vehicles.
At Wise-Owl, we research and invest in ASX stocks and one of our key investment themes is the new European electric vehicle wave.
Our current European battery metals investments are:
- Euro Manganese at 20.5c now up 200% (Manganese in Czech Republic)
- Vulcan Energy Resources at 36c now up 1,642% (Lithium in Germany)
- ??? - New Investment released tomorrow
We are planning to announce a brand new investment in the space tomorrow... but today we have an update for you on Vulcan Energy Resources (ASX:VUL).
Europe’s "Green New Deal" includes an objective to mobilise at least €1 Trillion to support sustainable investments over the next decade.
The rapid switch to Electric Vehicles has the EU scrambling to secure enough raw materials to make "green" batteries on home soil, especially given the risks in procuring nationally strategic materials from overseas.
The new EU policies demand full self-sufficiency in sustainably produced electric vehicle batteries and battery raw materials.
TODAY: we have attached new analysis on our investment in Vulcan Energy - one of our favourite ASX stocks to ride the great European EV boom.
TOMORROW: We are announcing a brand new investment in the European battery metals space - keep an eye out for it in your inbox.
General Information Only
S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.
Conflicts of Interest Notice
S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.
Publication Notice and Disclaimer
The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.
Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.
This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.
