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
This material has been prepared by Jason Price. Jason Price is an authorised representative (AR 000296877) of 62 Consulting Pty Limited (ABN 88 664 809 303) (AFSL 548573) (62C), and a Director of S3 Consortium Pty Ltd (trading as StocksDigital).
This material is general advice only and is not an offer for the purchase or sale of any financial product or service. The material is not intended to provide you with personal financial or tax advice and does not take into account your personal objectives, financial situation or needs. Although we believe that the material is correct, no warranty of accuracy, reliability or completeness is given, except for liability under statute which cannot be excluded. Please note that past performance may not be indicative of future performance and that no guarantee of performance, the return of capital or a particular rate of return is given by 62C, Jason Price, StocksDigital, any of their related body corporates or any other person. To the maximum extent possible, 62C, Jason Price, StocksDigital, their related body corporates or any other person do not accept any liability for any statement in this material.
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.
