The Unsung Hero of the Electric Car7 Nov 2017 13:00
http://www.menafn.com/1096048745/The-Unsung-Hero-of-the-Electric-Car-Boom
Tesla needs incredible quantities of graphite on its quest to dominate the EV market. But it isn't just Tesla. Who's who of automakers have announced aggressive plans to radically transform their vehicle lineups to include more EV models. Ford, GM, BMW, Nissan, Volkswagen, Renault, among others, are all rolling out new EV models in the next few years. And that is even before we get toChina, the largest automaker in the world and already a top destination for EV sales.
The roll out of EVs will be supercharged by government regulation. The UK andFrancehave announced a ban on fossil fuel vehicles by 2040, whileChinais considering similar measures. That will force automakers to retool their factories to churn out more EVs.
What does all of this mean? The demand for graphite is set to absolutely skyrocket.
#2 Graphite used in everything
The rise of EVs will be a central theme for graphite producers, but graphite (or, more specifically, the graphene extracted from graphite) is used in a long line of applications beyond transportation. As a crucial element in batteries, it is also ubiquitous in consumer electronics, smart phones, computers and tablets. It is useful in manufacturing steel and glass because of its ability to withstand extreme temperatures.
Meanwhile, because of its durability and flexibility, graphene is used in sports equipment and other high-grade super-strength materials. Graphene will make airplanes lighter, allowing them to become safer and more fuel efficient at the same time.