The Electric Vehicle Market is Facing a Severe Metal Shortage

The electric vehicle boom is only accelerating, with Tesla (NASDAQ:TSLA), General Motors (NYSE:GM), Nio Inc. (NYSE:NIO), and Ford Motor Company (NYSE:F) leading the way. Governments all over the world want more of them on the roads. About 70% of Americans are interested in buying them. Auto maker factories are being overhauled to produce electric cars, says CNN, and automakers are “snapping up every battery they can find.” However, there’s a massive problem. Right now, the world is struggling to get its hands on key elements, like graphite, a critical material used for producing the anode of lithium-ion batteries using in electric vehicles and energy storage. However, that’s where a company such as Green Battery Minerals Inc. (TSXV:GEM)(OTC:GBMIF) may be able to help.

“Today, each EV battery contains between 40 and 60 kilograms of graphite material, according to Benchmark Mineral Intelligence,” as noted by Investing News. “Painting a positive picture of the long-term outlook for graphite, many battery market analysts believe the mineral will remain a dominant material in EV batteries for at least the next decade.”

Green Battery Minerals Inc. (TSXV:GEM)(OTC:GBMIF) Just Started Trading on the OTCQB

Green Battery Minerals (formerly Goldcore Resources) is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Green Battery Mineral management team’s most recent success is the discovery of its 100% owned Berkwood Graphite resource in Northern Quebec.

In addition, the company just announced that on April 27, 2021, the Company’s common shares began trading on the OTCQB Venture Market under the symbol “GBMIF.” The Company shares continue to trade on the Toronto Venture Stock Exchange (TSXV) under the symbol GEM and the Frankfurt Stock Exchange under the symbols FSE: BK2P, WKN: A2QENP.

Listing on the OTCQB is an extension of our capital markets strategy and an important step to increase investor awareness and interest in Green Battery Minerals as the world moves towards electrification.

The OTCQB is a leading market for early stage and developing companies and is operated by the OTC Markets Group Inc. To be eligible for approval to trade on the OTCQB, companies must be current on disclosure obligations, provide an annual company verification and management certification process, and to pass a minimum bid price test. The OTCQB quality standards create a solid baseline of transparency, as well as the technology to improve the information and trading experience for investors. It also provides access for investors who cannot access trading on the TSX Venture.

Green Battery Minerals next 6-month goals.

- Building an anode from our graphite to be tested in a Lithium Ion Battery.

- Increasing our resources with a drill program to be announced.

- Determine through lab work the best way to process our graphite.

Other related developments from around the markets include:

Tesla released its financial results for the first quarter of 2021 by posting an update on its Investor Relations website. Please visit to view the update.

General Motors just announced that today marked a pioneering moment for Cadillac that illuminates the brand’s future and resets the fundamental notions of luxury motoring. The production debut of the 2023 Cadillac LYRIQ is the culmination of a century of innovation and the beginning of a great new era. With testing of Cadillac’s inaugural luxury SUV running ahead of schedule, the brand announced that customers may place order reservations beginning in September 2021, with intial availability starting the first half of 2022. “Throughout the next decade, Cadillac will define the future of luxury transportation through a series of exciting new electric vehicles, and it all begins with LYRIQ,” said Rory Harvey, vice president, Global Cadillac. “The 2023 Cadillac LYRIQ’s stunning design and artfully integrated technology combined with GM’s Ultium Platform will deliver a high-performance luxury experience unlike anything that has come before it, setting a new standard for Cadillac.”

Nio Inc., a pioneer and a leading manufacturer of premium smart electric vehicles in China, announced that it will report its first quarter 2021 unaudited financial results on Thursday, April 29, 2021, after the close of the U.S. markets. The Company’s management will host an earnings conference call at 8:00 PM U.S. Eastern Time on April 29, 2021 (8:00 AM Beijing/Hong Kong Time on April 30, 2021). A live and archived webcast of the conference call will be available on the Company’s investor relations website.

Ford Motor Company’s Ford Mustang Mach-E GT and Mustang Mach-E GT Performance Edition are set to accentuate the thrill of the GT name with the responsiveness of an all-electric powertrain this fall. “With Mustang Mach-E GT and Mustang Mach-E GT Performance Edition, we’re pushing the boundaries of what an electric vehicle can offer,” said Dave Pericak, vehicle program director. “These Mustang Mach-E models not only give customers the added capability expected from the GT name, but the responsiveness of their electric powertrains will ensure they have a thrilling experience behind the wheel.”

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Green Battery Minerals Inc. by Green Battery Minerals Inc.
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