A Critical Tipping PointThe market for electric cars has been slowly changing. Now it will start changing all at once.
As the technology for electric vehicles has progressed, these cars have gotten increasingly cheaper to produce. More than anything else this has meant advances in battery design.
The most expensive part of an EV is the battery. The battery requires advanced technology.
The breakthrough that Neo Battery Materials Ltd. has made if successful is revolutionary. It means cheaper production for manufacturers, cheaper cars for the public, and is in compliance with the governments green mandate. What could be more important. All the car companies want what the consumer expects, electric cars. The cheaper and more reliable, the better.
The auto manufacturers will want NBM's silicon anode and that means they will all be fighting over the rights to it's technology. Now do you understand the demand over the last few days. This is a World changing product at the right time and place. The shares are not just being bought up by small investors, the big auto manufacturers representatives are buying hoping to get the whole pie. They will be fighting over who gets it and I am going along for the ride. No pun intended! LOL!