Business
Top fundie picks this ASX 200 resource share for the EV revolution
S&P/ASX 200 Index (ASX: XJO) resource shares are in the spotlight this year as talk of a new commodity super cycle percolates through the financial markets.
Today we drill down to a single ASX 200 resource share. One primarily involved in exploring for and producing lithium.
Why lithium?
Because, though you may not yet notice it here in Australia, the electric vehicle (EV) revolution is well and truly underway.
Elon Musk’s Tesla Inc (NASDAQ: TSLA) is likely the first to spring to mind when you think about EVs. But the world’s biggest car manufacturers by production figures, including Ford Motor Company (NYSE: F) and Volkswagen are close on Musk’s heels with plans to go all-electric over the coming years.
The EV effect
EVs…
-
General17 hours agoTwo people arrested after man fatally shot at McLaren Flat
-
General9 hours agoICAC investigating University of Wollongong as chancellor grilled at Inquiry
-
General16 hours agoWarner Bros Discovery board rejects rival $163bn bid from Paramount
-
General21 hours agoMan refused bail charged with depicting Adolf Hitler and Nazi symbols on boat