NetworkNewsWire Editorial Coverage: The impressive increase of electric vehicles (EV) is creating a significant increase in demand for battery minerals, a demand that is fueling growth for resource-development companies, especially for those with operations in Indonesia, one of the world’s top producers of battery minerals.
Bolt Metals Corporation (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) (BOLT Profile), one of the companies working in Indonesia, recently announced a name change as it evolves into a resource developer in this growing market. Several leading auto makers are contributing to the surging EV market as they focus on manufacturing quality electric vehicles. For the third year in a row, Honda Motor Company Ltd. (NYSE: HMC) has earned the Kelley Blue Book Plug-in Hybrid Car Best Buy with its Honda Clarity model. Tesla Inc. (NASDAQ: TSLA) has seen impressive success with its Tesla Model 3, which is one of the best-selling cars in Europe. Toyota Motor Corporation (NYSE: TM) just announced plans to build a new electric vehicle plant in China. And Toyota is partnering with Panasonic Corp ADR (OTC: PCRFY) to establish Prime Planet Energy & Solutions Inc., a joint venture specializing in…
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