Australian Mines LTD (AMSLF)

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Electric Meccanica launches 3 wheeled Electric Vehicle

Electric Meccanica's 3 wheeled electric vehicle is priced at $15,000 and is a single seater. It is already on back order and the companies stock is already nearing $3 at $2.76 with very minimal sales. But, it has millions of dollars in preorders and it has a 2 seater that it is bringing out to the market. IMO, it has hit the sweet spot for electric vehicles. It has hit the price spot and the commuter spot. Imagine where this will go when the wealth of federal and state incentives are available. These rebates help offset the typically higher cost of an electric car to make “going electric” more financially feasible. Rebates and incentives for EVs are changing constantly, but you see where this is going. Most of the Electric Vehicles in the market are just too expensive for the masses. Teslas just increased it's price on thier entry level car to about $40000. It use to be $35,000. IMO, that's still too expensive for the masses who just want to use something to commute to work or run around town. Once Electric Meccanica figures out how to mass produce this vehicle it's game over for their competitors. They will get millions of sales and thier competitors will have to copy them. Once Tesla, Ford, Nissan, Rivian, Atlis, Chevy, Toyota, Hondai, BMW, Voltswagon, etc find this sweet spot price, IMO between $10,000 to $30,000 it's game over for internal combustion engine vehicles.

I mean it will be a no brainer for the consumer when EV's are that cheap because they are so much cheaper to operate than ice vehicles. An ice vehicle has thousands of moving parts verses an electric vehicle witch has around only 20. So, there is less to break down. You don't need to purchase fuel on electric vehicles so you save money there. Also with an ice vehicle changing the engine oil, coolant, transmission fluid, and belts can add up in value over time. By comparison, electric cars don’t have internal combustion engines, so these costs disappear. Universal vehicle expenses like tire and brake changes, insurance, and structural repair are part of owning any vehicle, but EV owners avoid many of the repeated costs associated with combustion engine upkeep.

So Australian Mines LTD (AMSLF) is the stock to be in because all of these millions of vehicles that are about to be sold needs batteries. Those batteries needs metals. AMSLF is a battery metals comapny. AMSLF is going to be suppling these companies with metals. So their stock is going to very high soon. So now is the time to be in AMSLF.

https://electrameccanica.com/