Investors focused on the mining sector may not fully appreciate how quickly the electric vehicle (EV) is being adopted globally, in light of the world pursuing a low-carbon emissions future, says battery metals investment vehicle Colbalt 27 Capital chairperson and CEO Anthony Milewski, who warns of a potential deficit in the supply of the metals critical to achieving this future. Global management consultancy firm McKinsey & Company says 2017 marked the first time EV sales passed the one-million mark, noting in May 2018 that, by 2020, EV producers could be moving 4.5-million units, about 5% of the overall global light-vehicle market.
