KULR Technology Group Inc (KULR): Keep in mind, lithium-ion batteries have...

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KULR Technology Group Inc (KULR)

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Re: NeilWaterson post# 4194

Wednesday, 07/14/2021 1:01:32 PM

Wednesday, July 14, 2021 1:01:32 PM

Keep in mind, lithium-ion batteries have become the go-to source to power everything from lawnmowers to power tools, and all require special handling for disposal and recycling purposes. And despite the size, each has an inherent risk of fire and explosion.

In fact, the batteries used on the hoverboard are considered small. The same goes for mobile phones, portable devices, and many “smart” home appliances. The batteries are small but dangerous. Thus, the target markets are substantial.
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