QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) in Position to Supply Battery Manufacturers
EV battery market set to triple to $67.7 billion by 2022 Asian dominance in Li-ion batteries prompting pushback in Europe and North America Large battery manufacturing projects now underway by Tesla in North America and Northvolt in Europe Asian dominance of lithium battery manufacture is causing concern. That disquiet became even more acute after Bosch announced in March 2018 that it had abandoned plans to make batteries for electric vehicles (EVs), highlighting the challenges faced by North American and European manufacturers as they seek to retain market share. The German industrial giant said that it would cost too much “to reach…