InvestorsHub Logo
Followers 16
Posts 1445
Boards Moderated 0
Alias Born 04/12/2018

Re: amc post# 36032

Wednesday, 12/30/2020 3:15:08 PM

Wednesday, December 30, 2020 3:15:08 PM

Post# of 48717
Both industries will flourish for a long time to come. EVs don't change fossil fuels burning. Only where they are burned. Other tech, like hydrogen fuel cells will have a small impact soon. But will be a long time before replacing gasoline.

Dem or Repub administration will not have much impact on Ev development. Just look at all of the related tickers during the past 4 years. Explosion for them. Trump economy allowed the boom of EV and batteries to really take off.

Now the demand for batteries is increasing with not only vehicles but stationary energy storage (see Australia). Making renewable energy resources more viable. No manufacture can keep up with the demand. Tesla can't make enough batteries to be able to make the vehicles that it has demand for. China has the same problem. Now VW in Germany (which may be our end buyer). Toyota, GM, Ford, Hyundai, Honda.......

Demand for raw materials for batteries will increase exponentially. Multiple companies are building battery manufacturing facilities. BIG ONES.

Ameca has the highest grade of the most used material in current battery technology. If SJC doesn't sell to Volkswagon, the bidders will be lined up to buy our Graphite. And with demand increasing and supply limited, the price should only go up, not down.

To me, Ameca is better than numbers in my account, It is more like I found buried treasure that is breeding under ground, multiplying as we post these little opinions.

Excited for the new year to start.