It took a full five years for electric vehicle sales to reach 1 million in 2015.

Since then, things have gone exponential. In 2021, we are hitting those numbers in weeks and months, not years.

In China about 235,000 plug-ins were sold in June alone – a new record — which translates to 15% market share.

In Europe, Q2 registrations of battery electric vehicles (BEVs) expanded by 231.6%, reaching 210,298 cars.

That doesn’t include plug-in hybrid electric vehicles (PHEVs) (235,730 units) or hybrid electric vehicles (HEVs) (541,162 units).

In June, EY predicted that electric vehicle sales in the US, China and Europe would outstrip all other engine sales by 2033 – five years sooner than expected.

By 2045, non-EV sales will shrink to less than 1% of overall sales.

“A mix of changing consumer attitudes, ambitious climate-focused regulations and technology evolution is about to change the landscape of vehicle buying forever,” EY’s Randall Miller says.

“While the automotive industry has begun to more fully embrace the move toward electrification, the impact of this seismic shift is arriving sooner than many expected.”

It is important to note that whenever these predictions are revised, they only ever go one way – upwards.

Which explains stuff like this:

Great new for the next crop of lithium (and everything else battery metals) miners.

Here’s how a basket of ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths and vanadium are performing>>>

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop:

CODE COMPANY 1 WEEK CHANGE % 1 MONTH CHANGE % 6 MONTH CHANGE % 1 YEAR CHANGE % SHARE PRICE [INTRADAY MON] MARKET CAP
POS Poseidon Nick 59 128 92 506 0.1575 $ 365,223,930.76
PEK Peak Resources 55 52 50 477 0.15 $ 228,096,766.24
LPD Lepidico 41 55 -48 121 0.0155 $ 104,585,401.58
CNJ Conico 37 92 55 433 0.048 $ 31,156,479.39
CXO Core Lithium 27 27 -5 520 0.285 $ 334,623,417.39
AVL Aust Vanadium 26 20 0 118 0.024 $ 64,485,493.91
ARN Aldoro Resources 25 61 127 400 0.5 $ 37,842,615.41
STK Strickland Metals 22 43 75 100 0.06 $ 46,532,758.38
BSX Blackstone 21 41 2 69 0.465 $ 150,983,646.45
BUX Buxton Resources 17 59 85 78 0.135 $ 18,367,483.32
TNG TNG Limited 17 8 -36 -2 0.07 $ 83,716,301.68
PAM Pan Asia Metals 15 15 -23 0.15 $ 6,975,623.72
ESS Essential Metals 15 61 -3 36 0.15 $ 28,114,422.00
SYR Syrah Resources 15 37 4 289 1.36 $ 645,183,857.54
LKE Lake Resources 14 24 110 1028 0.44 $ 434,631,704.07
CWX Carawine Resources 14 4 2 26 0.24 $ 22,866,879.42
AQD Ausquest Limited 14 14 9 -8 0.024 $ 18,110,176.28
LYC Lynas Rare Earths 14 28 26 234 7.01 $ 5,793,935,262.97
SBR Sabre Resources 13 0 -44 29 0.0045 $ 7,573,786.42
PAN Panoramic Resources 13 24 9 154 0.18 $ 348,655,380.68
HAS Hastings Tech Met 12 19 -19 58 0.19 $ 312,921,947.88
EUR European Lithium 11 5 -31 33 0.061 $ 56,036,136.24
PLS Pilbara Min 11 18 53 431 1.7575 $ 4,986,249,315.20
CZN Corazon 11 21 -32 3 0.041 $ 7,919,111.62
AGY Argosy Minerals 10 37 -22 145 0.1325 $ 156,283,963.00
AVZ AVZ Minerals 10 34 0 291 0.215 $ 643,301,202.60
REE Rarex Limited 10 16 -32 31 0.089 $ 37,004,172.34
AXE Archer Materials 10 93 91 230 1.45 $ 310,819,435.29
AUZ Australian Mines 9 14 -12 50 0.025 $ 91,113,438.55
NIC Nickel Mines Limited 9 24 -7 107 1.205 $ 2,879,708,263.40
PSC Prospect Res 8 73 64 137 0.32 $ 126,562,766.55
ARU Arafura Resource 8 -24 -53 113 0.13 $ 168,299,734.63
QPM Queensland Pacific 8 8 154 916 0.1625 $ 180,277,136.25
NKL Nickelx 8 25 0.2 $ 10,165,000.00
RXL Rox Resources 8 0 -26 -63 0.42 $ 70,135,388.23
GXY Galaxy Resources 7 31 38 311 4.43 $ 2,214,832,970.64
ORE Orocobre Limited 7 30 33 144 7.785 $ 2,648,095,502.18
GAL Galileo Mining 7 16 -14 21 0.32 $ 45,076,879.58
SYA Sayona Mining 6 39 128 955 0.082 $ 451,948,388.70
TMT Technology Metals 6 -4 -13 81 0.33 $ 47,306,087.96
MCR Mincor Resources NL 6 26 11 70 1.275 $ 562,077,220.90
IGO IGO Limited 6 18 29 78 9.09 $ 6,694,247,466.92
RLC Reedy Lagoon Corp. 6 13 -18 157 0.018 $ 8,460,470.99
CTM Centaurus Metals 5 25 3 86 0.875 $ 309,356,146.80
AOU Auroch Minerals 5 26 -17 221 0.215 $ 59,528,962.11
PUR Pursuit Minerals 5 0 81 437 0.065 $ 60,255,904.54
LIT Lithium Australia NL 4 14 -25 135 0.12 $ 107,084,418.95
MIN Mineral Resources. 4 28 64 155 62.53 $ 11,661,996,327.78
GL1 Globallith 4 8 0.28 $ 23,578,612.44
DEV Devex Resources 4 -15 23 87 0.29 $ 90,811,020.27
BKT Black Rock Mining 4 -3 0 190 0.145 $ 123,196,669.44
MRC Mineral Commodities 3 -24 -64 -35 0.155 $ 72,088,735.65
JRL Jindalee Resources 3 -3 85 657 2.53 $ 133,509,915.00
GLN Galan Lithium 3 41 100 636 1.03 $ 252,661,737.74
OZL OZ Minerals 3 -2 10 61 22.21 $ 7,062,303,626.28
SRL Sunrise 3 -4 -29 9 1.955 $ 169,287,537.74
ASN Anson Resources 3 21 -19 257 0.075 $ 65,280,807.87
VMC Venus Metals Cor 3 6 -17 -30 0.19 $ 28,704,949.77
BMM Balkanminingandmin 3 0.385 $ 11,862,500.00
SLZ Sultan Resources 3 -9 0 0 0.195 $ 13,559,205.86
NTU Northern Min 3 15 -37 86 0.039 $ 183,985,092.71
LPI Lithium Pwr Int 2 30 -27 30 0.24 $ 72,258,609.36
LTR Liontown Resources 2 28 96 511 0.825 $ 1,547,615,920.60
NMT Neometals 2 17 50 277 0.585 $ 298,865,135.82
BHP BHP Group Limited 0 10 13 40 52.07 $ 151,033,800,970.38
MLS Metals Australia 0 0 -20 0 0.002 $ 8,454,376.09
HNR Hannans 0 -7 -22 0 0.007 $ 14,159,863.15
JRV Jervois Mining 0 -3 15 208 0.57 $ 457,590,887.10
BEM Blackearth Minerals 0 0 67 144 0.105 $ 22,570,235.84
INR Ioneer 0 47 17 212 0.405 $ 780,720,729.41
ADV Ardiden 0 13 -65 -47 0.009 $ 19,344,187.94
ATM Aneka Tambang 0 0 0 1 1 $ 1,303,649.00
AJM Altura Mining 0 0 0 15 0.07 $ 209,037,029.25
LML Lincoln Minerals 0 0 0 33 0.008 $ 4,599,869.49
MLX Metals X Limited 0 2 44 192 0.245 $ 222,280,186.42
CLA Celsius Resource 0 0 -37 57 0.033 $ 34,558,526.67
FGR First Graphene 0 0 -25 109 0.24 $ 131,358,436.80
BOA Boadicea Resources 0 8 -15 6 0.21 $ 17,482,476.38
VRC Volt Resources 0 0 84 84 0.035 $ 85,401,805.48
SGQ St George Min -1 -3 -39 -23 0.073 $ 40,654,174.65
MOH Moho Resources -1 6 -22 -50 0.07 $ 6,816,176.53
COB Cobalt Blue -2 0 -27 155 0.28 $ 72,715,164.46
MNS Magnis Energy Tech -2 0 60 65 0.28 $ 238,401,672.88
EMH European Metals Hldg -2 0 31 368 1.475 $ 190,584,728.73
TLG Talga Group -3 -5 -14 145 1.345 $ 400,263,475.92
TON Triton Min -3 6 -44 -42 0.035 $ 38,571,914.28
HWK Hawkstone Mng -3 8 0 75 0.028 $ 47,812,135.50
S2R S2 Resources -3 12 -32 8 0.14 $ 42,510,309.17
ARL Ardea Resources -4 -7 -6 18 0.495 $ 69,017,109.50
VML Vital Metals Limited -4 4 -2 345 0.049 $ 207,711,654.20
VUL Vulcan Energy -4 15 10 1802 8.94 $ 989,707,928.30
PNN PepinNini Minerals -5 15 -48 77 0.315 $ 13,448,602.20
SRI Sipa Resources -5 17 -2 -28 0.063 $ 11,309,902.57
FFX Firefinch -5 -8 108 168 0.415 $ 382,082,081.64
ARR American Rare Earths -5 3 -25 310 0.082 $ 29,266,207.71
BAR Barra Resources -5 5 -23 -5 0.02 $ 13,552,162.02
EGR Ecograf Limited -5 25 77 962 0.69 $ 314,883,421.30
VR8 Vanadium Resources -5 -18 28 175 0.055 $ 22,177,537.57
LEG Legend Mining -5 -13 -37 -30 0.091 $ 247,962,214.89
GBR Greatbould Resources -5 4 92 60 0.088 $ 30,908,580.48
CHN Chalice Mining -6 -4 50 531 7 $ 2,355,161,698.47
ESR Estrella Res -6 -14 -41 450 0.044 $ 52,291,968.30
HXG Hexagon Energy -6 -1 -30 38 0.073 $ 32,559,009.37
ALY Alchemy Resource -7 8 -18 -28 0.014 $ 9,411,408.34
RNU Renascor Res -7 -3 127 386 0.068 $ 131,509,815.64
QXR Qx Resources Limited -7 -19 -13 -38 0.013 $ 8,662,710.17
TKL Traka Resources -7 -28 -43 -63 0.013 $ 8,090,510.95
GED Golden Deeps -8 0 0 9 0.012 $ 9,310,217.28
GME GME Resources -8 -8 -33 43 0.047 $ 27,286,479.57
RFR Rafaella Resources -8 -1 18 -3 0.09 $ 16,153,187.29
PRL Province Resources -9 -2 597 456 0.1325 $ 151,997,824.49
IXR Ionic Rare Earths -9 36 -14 200 0.03 $ 98,681,985.42
AZS Azure Minerals -10 -5 -53 24 0.2425 $ 74,216,573.04
PGM Platina Resources -10 3 52 58 0.079 $ 34,750,587.36
IPT Impact Minerals -13 -7 -28 -35 0.013 $ 26,309,333.95
WKT Walkabout Resources -15 5 24 64 0.205 $ 89,335,412.46
NWC New World Resources -15 -23 28 176 0.069 $ 111,078,762.88
BSMDA Bass Metals -18 -10 -36 13 0.225 $ 19,731,556.35
G88 Golden Mile Res -18 -6 -2 -27 0.049 $ 6,860,898.07
ADD Adavale Resource -23 -25 -15 300 0.064 $ 22,084,677.62
AML Aeon Metals . -23 -22 -63 -41 0.056 $ 42,771,491.00
PLL Piedmont Lithium Inc -25 -25 13 557 0.69 $ 428,263,697.00
INF Infinity Lithium -27 23 -55 16 0.1025 $ 42,304,978.38
MAN Mandrake Res -33 -49 8 88 0.081 $ 40,253,066.90

 

Weekly small cap standouts

POSEIDON NICKEL (ASX:POS) +59%

Nickel is hot right now, thanks to taste maker Elon Musk, and WA based Poseidon is one stock that could benefit.

This $421m market cap nickel-gold play is up 107% in 2021, and 380% over the past 12 months.

It is targeting first nickel production in 2022.

Last week it was also spruiking the “robust” 150,000oz gold and 375,000oz silver ‘Windarra’ tailings project.

A feasibility study ‘base case’ predicts net profits of $30.6 million over a 45-month production period, assuming a conservative gold price of US$1,750/oz.

 

PEAK RESOURCES (ASX:PEK) +55%

Peak’s Ngualla rare earth project has been ‘green stamped’ for development by the cabinet of the Tanzanian Government.

That paves the way for financing, offtake and development, with construction at Ngualla targeted to kick off by the end of September 2022.

“This is a landmark moment for Peak and will position Ngualla among the most advanced rare earth development projects that is fully permitted, has a JORC Compliant Ore Reserve, licence to mine, completed Bankable Feasibility Study and a fully piloted process from ore to separated oxides,” managing director Bardin Davis said.

“With Ngualla being one of the highest-grade Neodymium and Praseodymium deposits in the world, Peak is ideally placed to benefit from the growing global focus on electric vehicles and decarbonisation technologies, as well as international initiatives to diversify the supply of rare earths.”

“This is a very exciting time for Peak as we progress Ngualla towards development and construction.”

 

LEPIDICO (ASX:LPD) +41%

~$80m market cap Lepidico wants to build a lithium mine and concentrator in Namibia, and a chemical conversion plant in Abu Dhabi.

Lepidico’s chemical plant would have a low carbon footprint once developed, new studies show.

The company’s scope 1 and 2 emissions intensity associated with its Abu Dhabi Phase 1 chemical plant is just 7.46t CO2-e2/t lithium hydroxide – which independent consultant GHD advised as being, “low compared with other emission intensities reported or derived from lithium hydroxide production facilities.”

 

CONICO (ASX:CNJ) +37%

On Monday, the explorer surged 100% after hitting about 55m of “significant sulphide mineralisation” in its very first hole at the ‘Ryberg’ nickel-copper project in Greenland.

Drill core will be processed and assayed as soon as possible, the company says. Results are anticipated to be received in 4-6 weeks.

The second drill-hole is near completion, while rigs have been established on holes #3 and #4.

The ~$70m market cap stock is up 123% year-to-date, and 570% over the past 12 months.