NetworkNewsBreaks – 92 Resources Corp. (TSX.V: N
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Modern energy solutions company 92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) is gearing up to meet the looming demand for lithium as electric vehicles (EVs) continue to gain popularity. EVs are not only attractive to consumers for their cost-efficiency, but to governments as well for their lowered emissions. Since lithium powers the batteries needed for EVs, this is great news for 92 Resources Corp. An article discussing this reads: “While lower costs are certainly a powerful driver of the EV bandwagon, government policy is also playing an important part. A number of OECD countries have laid out zero-emission mandates that will take effect over the next two decades. Norway wants its new passenger cars and vans to have zero emissions by 2025. In addition, India will ban the sale of new gasoline and diesel cars by 2030, while France and the U.K. plan similar bans by 2040. Meanwhile, China is targeting 2030 as its deadline, with only fully electric cars will being sold in the country following that year.”
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