OTCPK:KATFF - Post by User
Comment by
fischerkuson May 07, 2019 8:48am
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Post# 29718562
RE:RE:RE:RE:Tesla warns of coming battery minerals shortage
RE:RE:RE:RE:Tesla warns of coming battery minerals shortage
that is my opinion too. Its not only KAT which is under pressure, also FCC and other small ones. It seems investors avoid the cobalt sector generally.
But in my opinion the big picture of battery technology and electric vehiecle market has amzing huge potential and it is only a matter of time.
- BYD chinas top 3 EV producer decided to switch from LiFePo4 to Li Ion with Cobalt.
- VW does not deny any more that EV is the future
- When EV´s are produced in an compareable amount than combustion engine cars they are getting so cheap. Even when Cobalt will cost 200$ per tonne standard grade, it will make the car not expensive when 10- 20 kg are needed.
- china wants EV to decline Oil imports and use chinese photovoltaic to produce electricity. Furthermore china has a tremendous smog problem, same in India
It seems there is no way back, tesla forces other car manufakturers to compete. Cobalt, Lithium, Nickel, Copper will get the new oil industry.
this is my opinion
thank you for reading and good luck!