Position well for the biggest biz wave in EV n ES metal n EV.TECH.material stocks
With head line news flow like:
China EV Forecast: 50% EV Market Share By 2025
https://cleantechnica.com/2019/02/24/china-ev-forecast-50-ev-market-share-by-2025-part-1/
Luxury carmaker Rolls-Royce to switch to all electric range by 2030
https://klse.i3investor.com/blogs/future_tech/2021-09-30-story-h1591816601-Luxury_carmaker_Rolls_Royce_to_switch_to_all_electric_range_by_2030.jsp
these simply mean EV is gaining very fast momentum in biz, = Vol X Velocity.
EV on the road now is only < 5% n is expected to rise to 50% n perhaps 80% by year 2030.
Tesla, TSLA is the distinct mkt leader in EV after building a mega factory in c i n a.
This stock is richly rewarded by the stock mkt at a whopping mkt cap of US$773 billion now.
It made the owner the world # 1 richest = a proven fact that EV works wonder.
The above news indicated that the grand old big branded names in auto have awaken.
They r having big plans to go 100% EV = the current chip shortage is due to their sudden huge demand.
MY READ IS :
EV n ES material n metal stocks will do extremely well supplying to old n new auto names.
At < 5% EV on the road:
Stocks like D&O, PMETAL n soon PMBTECH r edi doing so well.
What happen to these stocks, IF there r 50% EV by 2025-30 ? 10 X BIGGER ?
a. A mid size EV.CAR uses about 200 kg of aluminum which needs silicon as hardener. what about truck, lorry, bus etc.
b. The EV.Battery pack is the heaviest item on the car.
Latest tech news said SILICON would be used. Importantly, as its raw material is found abundantly on earth.
Position well for the biggest biz wave in EV n ES tech.material n metal stocks. This biz would grow for centuries...
NB: ES is Energy Storage for renewable energies
PureBULL ...
EV.CAR material stocks on KLSE, the best business in the entire world
https://klse.i3investor.com/blogs/purebull/2021-04-12-story-h1563275738-EV_CAR_material_co_the_best_biz_in_the_entire_world.jsp
2021-10-02 06:11