How Mining Stocks may be Benefiting From Political and Social Forces Pushing Electric Vehicle (EV) Demand to New Levels
Lithium Americas Corp. Common Shares (LAC)
Last lithium americas corp. common shares earnings: 11/12 07:00 am
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Source: PR Newswire
PALM BEACH, Florida, Oct. 15, 2019 /PRNewswire/ -- The demand for electric vehicles, of course, creates an increased demand for electric vehicle batteries and both exhibit signs of a strong continued growth rate for the near future and beyond. It is more than just a supply and demand equation, there are worldwide political and social forces also pushing this wagon down the trail for quite some time. As a result, governments get involved and they pass initiatives to accelerate the shift of their nations vehicle fleet from combustion to electric vehicles, which has led to rapid growth in the manufacturing and sale of electric vehicles. According to the latest research report on 'Electric Vehicles (EV) market' by Market Study Report, LLC, the global electric vehicles market is anticipated to reach USD $912 billion by 2026. Which fits hand and glove with another report (from Grand View) which says that the electric vehicle battery market size was valued at USD 13,383.0 million in 2018 and
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News
- Lithium Americas Corp. (LAC) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Closes US$275 Million Underwritten Public Offering [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Closes US$275 Million Underwritten Public OfferingGlobeNewswire
- While institutions own 17% of Lithium Americas (Argentina) Corp. (TSE:LAAC), individual investors are its largest shareholders with 47% ownership [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Corp. (NYSE: LAC) had its price target lowered by analysts at HSBC Holdings plc from $6.50 to $5.10. They now have a "hold" rating on the stock.MarketBeat
LAC
Earnings
- 8/9/23 - Beat
LAC
Sec Filings
- 4/25/24 - Form 6-K
- 4/22/24 - Form 6-K
- 4/19/24 - Form 6-K
- LAC's page on the SEC website