Sherritt International Corp T.S

BEV dream is over

[autofocus111]

Reality is sinking in. NILSY was the perfect play across ICE/HEV/BEV before the chit hit the fan. S+SBSW is a reasonable proxy.

>>>>DETROIT (Reuters) - Hybrid gasoline-electric vehicles may not be dying as fast as some predicted in the auto sector’s rush to develop all-electric models.Interest in hybrids is rebounding as consumer demand for pure electrics has not accelerated as quickly as expected. Surveys cite a variety of reasons for tepid EV demand, from high initial cost and concerns about range to lengthy charging times and a shortage of public charging stations.“With the tightening of emissions requirements, hybrids provide a cleaner fleet without requiring buyers to take the leap into pure electrics,” said Sam Fiorani, vice president at AutoForecast Solutions.

https://finance.yahoo.com/news/gas-electric-hybrid-vehicles-boost-180832454.html

[CommonCents123]

OF COURSE - I've said it all along.  We just don't have the electric infrastructure to go all electric.  California had brown outs a week after legislating no gasoline powered cars in the state after 2030. Ask anyone with an electric car that wants to travel any great distances how much extra effort is required to get charged up.  Then ask someone who drives in northern