Followers | 237 |
Posts | 10817 |
Boards Moderated | 0 |
Alias Born | 07/17/2006 |
![](https://investorshub.advfn.com/uicon/76999.png?cb=1549903350)
Friday, July 16, 2021 9:51:49 AM
I do not need to explain to any of you that electric vehicles (EVs) are white hot in the stock market. There is a whole industry dedicated to estimates on how many consumers are planning to make their next car an electric car. This looks like a cinch. But there are a few potholes along the road to the EV future. And one of these is a huge sink hole..And that is batteries. Without a battery an EV goes no where. Batteries require not only lithium..but even more batteries require nickel almost four times more nickel than lithium. Excessive EV utilization is also going to require huge amounts of copper which is used in the EVs and the charging stations.
This of course is going to increase the price of these commodities. But the reality is there is not an infinite supply of these vital components. This is where EXRO comes in. By increasing the efficiency of the EV motors and the batteries is the equivalent of increasing the supply of key elements needed to run the motors. Elements which are in short supply and will cap the number of EVs. This will soon become clear to guys like Elon Musk and my prediction is Musk will sign a contract with EXRO...He doesn't really have a choice and neither do the other EV makers..
Message ..If you want to get rich. really rich...Hold onto your EXRO stock....
Did you hear that Elon?...
":>) JL
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM