Europe's EV market
Ideally located for market expansion
The Cinovec fully-integrated lithium operation occupies a prime European location, delivering dependable, responsibly-sourced materials for battery manufacturing facilities.
European electric vehicle adoption surges
The European market has emerged as the global leader in electric vehicle adoption, surpassing China's market share. Growth is fueled by substantial government incentives alongside expanded model offerings from major automotive manufacturers.
EU regulatory framework
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Green investment package
€550 billion allocated for climate initiatives through 2027
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Transition support fund
€40 billion designated for renewable energy shift
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Independence objective
80% domestic lithium production target by 2025
International growth catalysts
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Industry leadership
European market spearheading worldwide EV adoption trends
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Tesla Gigafactory
World's most extensive battery production complex in Berlin
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VW production plan
Target of producing 22 million electric vehicles within a decade
The Cinovec strategic edge
Europe's premier hard rock lithium deposit
Optimally located to supply the continent's rapidly expanding electric vehicle sector with premium lithium battery compounds