They are coming, they are coming...now! First mass produced EVs are ready to hit the road.
"When we would like to understand the potential scenarios for adoption rate of Electric Cars, make a forecast for demand for EVs, lithium batteries and Lithium and REE as strategic commodities - we better go where the future is already happening. This time it is happening in Japan and not only in a sense of the latest technologies involved in EVs - like electric power-trains and lithium batteries - but more in a sense of the living in the world without cheap oil.
Japan is importing all of its oil and we will be much better off following people who are living already in the coming reality to the Western world and what they are actually doing in order to sustain mobility. China is betting on Electric Cars as the next industrial drive as well, both countries are searching the globe for the new sources of secure supply of Lithium and REE."