Haha, Mercedes would be pretty good, but unlikely...the German Car Industry has very successful, supply companies that specialize in certain parts of the overall supply chain. A lot of them have very strong balance sheets and are still family owned. Almost all of them are very aware that their current business model is at its peak and the end is in sight...a lot of those firms will be looking how they can position themselves into the new EV supply chain, they have the $$ and importantly are family owned = can make decision much faster if they like what they see, especially if they see something that can be replicated multiple times.
Timing is everything...GM produced a great EV in the mid 90's...Oil Co's and Car Industry were not interested in competition, quickly that 1st productin lot got repossessed and disappeared.
Fast forward 20 years and thanks to Elon Must, Chinas State Controlled Gov and 20 more years of relentless co2 emissions...this time they can not stop it...
Just another large investment being made...very hard for 1 week to pass without any news that point into a clear direction where this is all going.
..."Lithium Werks plans to spend
$2 billion manufacturing power packs for bulkier machines"...
https://www.bloomberg.com/news/arti...-little-dutch-company-makes-big-boy-batteries
Just one of many new companies spending millions$ NOW!!! in preperation of what is coming:
..." Bloomberg New Energy Finance predicts demand for batteries will climb to almost
1,800 GWhby 2030, from about
120 this year."...
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