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Global X Lithium and Battery Tech ETF
Canoo Has Invested $1.5 Billion, and It's Not Done Yet https://finance.yahoo.com/m/8ec6a1ad-af01-305b-b783-066769cd0122/canoo-has-invested-1-5.html $GOEV $LIT
Why Teslas keep catching on fire
EVs catch fire far less often than gas-powered cars https://www.vox.com/the-highlight/2023/1/17/23470878/tesla-fires-evs-florida-hurricane-batteries-lithium-ion $LIT
Electric Car Sales Growth Slows in US as Inventory Builds Up
https://www.bloomberg.com/news/articles/2023-07-06/electric-vehicle-sales-growth-slows-in-us-as-inventory-builds-up#xj4y7vzkg $LIT
Tesla $TSLA **** A REUTERS SPECIAL REPORT ****
Tesla created secret team to suppress thousands of driving range complaints
https://www.reuters.com/investigates/special-report/tesla-batteries-range/ $LIT $TSLA
$MULN About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of electric vehicles (“EVs”) that will be manufactured in its two United States-based assembly plants. Mullen’s EV development portfolio includes the Mullen FIVE EV Crossover, Mullen-GO Commercial Urban Delivery EV, Mullen Commercial Class 1-3 EVs and Bollinger Motors, which features both the B1 and B2 electric SUV trucks and Class 4-6 commercial offerings. On Sept. 7, 2022, Bollinger Motors became a majority-owned EV truck company of Mullen Automotive, and on Dec. 1, 2022, Mullen closed on the acquisition of Electric Last Mile Solutions’ (“ELMS”) assets, including all IP and a 650,000-square-foot plant in Mishawaka, Indiana. $LIT $MULN
Firefighters shoot 6,000 gallons of water at ‘spontaneously’ burning Tesla on California highway https://www.independent.co.uk/news/world/americas/tesla-model-s-fire-california-b2272399.html $LIT $TSLA
$ALYI "ALYI is engaged in a long-term hemp battery initiative. Hemp has demonstrated potential to offer a very cost-effective superior material to traditional graphene in the production of supercapacitors. Side by side comparison of hemp solutions to lithium battery solutions have shown favorable results for the potential of hemp. ALYI's hemp battery initiative has benefitted from notable industry leadership in the hemp supercapacitor research field." $LIT
$LIT has some competition....$TORVF...Check out Volt Carbon....Way better technology:
http://www.voltcarbontech.com/
Z
Silver The New Lithium? The Real Silver Squeeze is Coming!
Kandi Technologies $KNDI Subsidiary Mass Produces Lithium Iron Battery
https://www.investing.com/news/stock-market-news/kandi-technologies-up-as-subsidiary-mass-produces-lithium-iron-battery-2726210 $LIT
Average vehicle silver loadings, which are currently estimated at 15-28 grams (g) per internal combustion engine (ICE) light vehicle, have been rising over the past few decades. In hybrid vehicles, silver use is higher at around 18-34g per light vehicle, while battery electric vehicles (BEVs) are believed to consume in the range of 25-50g of silver per vehicle. The move to autonomous driving should lead to a dramatic escalation of vehicle complexity, requiring even more silver consumption. Silver automotive demand this year is projected to be 61 Moz; https://www.globenewswire.com/news-release/2021/01/12/2157106/0/en/Silver-Consumption-in-the-Global-Automotive-Sector-to-Approach-90-Million-Ounces-by-2025.html $LIT
The chip manufacturer's are ramping up production and building new fabs anyway.
looking good completely lost track of the stock, nice chart.
U.S. Plans to Spend Big on Critical Minerals; Choosing Where Isn’t Easy
https://www.wsj.com/articles/u-s-plans-to-spend-big-on-critical-minerals-choosing-where-isnt-easy-11624186800 $UURAF $LIT
Don't forget this Biden signs executive order to review critical supply chains
https://seekingalpha.com/symbol/UURAF $UURAF $LIT
President Joe Biden signed an executive order requiring a review of the global supply chains in key industries in an effort to boost domestic production and avoid shortages in critical goods amid the coronavirus pandemic.
Biden's action was spurred in part by the global semiconductor shortage, which began shortly after the coronavirus pandemic hit last year. Semiconductors, commonly known as chips and used in a range of products including cellphones and computers, and were in high demand as consumers around the world purchased equipment to work from home. The shortage has severely impacted automakers and other manufacturers and led to slowdowns in production."
https://www.nbcnews.com/politics/white-house/biden-sign-executive-order-targeting-america-s-supply-chains-critical-n1258684 $LIT $UURAF
Global X Lithium & Battery Tech ETF (NYSE: LIT) gets you instant exposure to 37 of the world's best battery and lithium mining stocks.
The wisdom of owning broad exposure to lithium during a historic lithium bull market is obvious, but this stock in particular is well-positioned for profits ahead.
Astute observers will note the shares appear to be in overbought territory as the relative strength index (RSI) goes, but given that it's more than $10 above its 50-day moving average and nearly $20 above its 200-day, it's likely the trend – the uptrend – will continue for the foreseeable future. If that turns out not to be the case, though, this is definitely one to add to on dips.
Yep, riden on Biden.
Took profits today. Leave Chinese mess for others!
Would have stayed here long term if China required honest/credible financials for all of their public companies.
It's been a nice ride...
Out at $72.25
I'll still own it 4 years from now , but share count will vary as in the past. LIT is part of a "green" portf of 10 holdings. Tuff to manage risk but rewarding periodically.
OAG Tom
I rarely say this, but this is a buy and hold stock for the next four years minimum.
Lithium is the new gold and the Biden administration will contribute in making sure lithium mines have a lot of customers.
Words matter; drivel does not!
edited post three times? gl
Good luck with that...Time in, not timing market!
Timing makes you money when nobody else cares about a stock; not here and now.
lit long term swing, still lookin for dip but hardly been dipping since the spike lol
LIT has 41 assets including ALBEMARLE CORP, 1211 HK BYD CO LTD, GANFENG LITHIUM CO LTD, SAMSUNG SDI CO LTD, EVE ENERGY CO LTD-A, PANASONIC CORP, QUIMICA, LG CHEM LTD and TESLA INC.
The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production.
LIT reached its all time high yesterday.
If you an investor in the EV sector you have got to have some LIT in your portfolio.
Looks like next leg up time 51.09
Close $50.63 - looking for new high tomorrow
LIT holds over 1 mil shares ALB which is flying
We get those mil share days back look out
Nice day !!
Let’s rock on next week......
$$. LIT $$
BYDDF up 10% LIT holding 2.7 mil
Volume returns should see a nice pop
I agree, Puffadder........time to LIT this up !
$$ LIT $$
Time to LIT it up anything under $50 LOAD
2.7 mil shares of EV BYD (W Buffett there)
Tiny float someone accumulating under $50
$LIT | $ALYI Alternet is applying its portfolio of lithium battery technologies to empower commercially viable, environmentally sustainable alternatives to existing consumer markets. https://www.revoltmotorbikes.com/
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The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production.
The Global X Lithium & Battery Tech ETF (LIT) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index.
LIT offers efficient access to a broad basket of companies involved in lithium mining, lithium refining, and battery production.
The fund is a thematic play on lithium and battery technology.
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