The Future is Electric

The catalyst for change, in the mining sector seems to be surrounding the EVM orElectric Vehicle Market. All advances of this magnitude will cause issues but this is not a new idea. We have been prepping for the idea for 30 years or so when the first electric car came out. In fact the first electric vehicle was back in 1832 but that is another story. The first mass production type version was the Prius back in 1997 but most think of Tesla, right now. Frik Els printed that a new report from AlixPartners study expects $255 billion pouring into R&D and capital expenditures to bring some 207 electric models to the market by 2022. A further $61 billion has been earmarked for autonomous-vehicle technologies according to the study.
​
http://www.mining.com/automakers-spending-255b-evs-pile-epic-proportions/