- EV sales in worldwide and nationwide forecast for “strong acceleration”
- U.S. EV market projected to reach more than $61B this year with an annual growth rate of 22.79% through 2027
- Battery Mineral’s mission is the discovery, acquisition and development of battery metals
In what a U.S. Bureau of Labor Statistics (“BLS”) article is calling “one of the fastest-growing manufacturing industries in the economy” (https://ibn.fm/Pfv6a), the electrical equipment and manufacturing industry is largely driven by growth in the electric vehicle (“EV”) sector. A growing player in that space, Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF) is positioning itself to benefit from what some experts project to be double-digit CAGR through 2027 (https://ibn.fm/3tdMt).
“Although forecasts for the rate of EV adoption over the next decade vary widely given rapid changes in both government policies and the auto manufacturing industry in recent years, many forecasts expect a strong acceleration in EV adoption,” reports the BLS article. “S&P Global Mobility forecasts…
NOTE TO INVESTORS: The latest news and updates relating to BTRMF are available in the company’s newsroom at https://ibn.fm/BTRMF
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