These Could be Some of the Hottest EV Opportunities in 2021 December 30, 2020 - Baystreet.ca Momentum behind the electric vehicle (EV) boom is only accelerating. By 2030, the world could see up to 125 million EVs on the road, says CNBC, with the U.S., Europe, and China pushing for a greener future. In the U.S., California Gov. Gavin Newsom just signed an executive order that will ban the sale of gas-powered passenger cars in the state starting in 2035. With China, Wedbush Securities analyst Dan Ives says it could see eye-popping demand for EVs in 2021 and 2022, as noted by Seeking Alpha. However, when it comes to EVs, what’s under the hood could be just as rewarding. For example, lithium, which is seeing considerable demand. In fact, according to Green Car Congress, "The underlying demand growth for lithium compounds remains strong, with demand from rechargeable battery applications forecast to exceed 220kt LCE in 2020, representing roughly 70% of total lithium demand." Even graphite, which serves as the anode in lithium-ion batteries, is under significant demand. Global graphite consumption in 2016 was up to approx. 2.45 million tonnes of synthetic and natural graphite. That could reach approx. 4.5 million tonnes by 2028. That’s creating opportunity for EV, lithium, and graphite companies such as Gratomic Inc. (TSXV:GRAT)(OTCQB:CBULF), Tesla Inc. (NASDAQ:TSLA), Nio Inc. (NYSE:NIO), Albemarle Corp. (NYSE:ALB), and Orocobre Ltd. (TSX:ORL). Gratomic Inc. (TSXV:GRAT)(OTCQB:CBULF) BREAKING NEWS: Gratomic Inc. is pleased to announce completion of civil construction work and begins final equipment assembly on its Aukam Processing Plant in Namibia. The Gratomic team has made an extreme effort to maintain the activities at the Aukam site, while ensuring that every precautionary measure has been taken to prevent the likelihood of a COVID-19 infection on the premises. Gratomic has engaged the services of 12 additional temporary workers, through the local community of Aus, to relieve the Company’s Aukam workers and to allow them time-off during the Holiday Season. This is one of the many additional steps that the team has undertaken to ensure that time constraints are met according to the strict construction timeline. Final equipment assembly has started on metal structures and support frames, manufactured locally by Pro-Edge Steel. Each piece of equipment is being assembled over its custom designed structure. Simultaneously, the onsite team is setting up water, slurry, hydraulic, and electrical installation in preparation of the commissioning phase that comes thereafter. Karl Trudeau will travel to the Aukam Graphite Project in Namibia in Mid-January to oversee final equipment assembly and commissioning in person. Andre Bennet has been appointed as Mechanic and maintenance Supervisor for the Aukam Graphite Project. "I would like to thank the Gratomic workforce in Aukam for their extreme dedication and hard work, which made possible this great achievement, and I am sure that they will continue to be the backbone of our Company for the next steps to come," said Armando Farhate, COO & Head of Graphite Marketing and Sales. "Gratomic continues to excel against all odds in this new exciting phase that brings our Aukam Processing Plant even closer to commissioning. We couldn’t be more thrilled with the progress the team is making and with their ability to quickly adapt to changing circumstances. It is amazing to see how the team has come together to bring this eight-year-old vision to life." commented Arno Brand, President & CEO at Gratomic Inc. Other related developments from around the markets include: Tesla Inc. (NASDAQ:TSLA) reported, “In the third quarter, we produced just over 145,000 vehicles and delivered nearly 140,000 vehicles. In terms of days of sales, new vehicle inventory declined further in Q3 as we continue to improve our delivery efficiency. Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q3 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.” Nio Inc. (NYSE:NIO) delivered 5,291 vehicles in November. Since October, the deliveries have held above 5,000 units with a fourth record high in a row and have doubled year-over-year for eight consecutive months since April. Notably, the deliveries included 1,518 EC6s, the company’s smart electric coupe SUV, up by 71.9% month-over-month. The EC6 has become an iconic model in the premium coupe SUV segment. Meanwhile, the Battery as a Service (BaaS) and battery upgrade plans have made car purchasing decisions easier, met users’ needs under multiple travel scenarios, and dramatically strengthened NIO’s competitiveness against ICE vehicles. BaaS subscription has gone up 35% of the total newly placed orders in November, demonstrating that the market has accepted this innovative business model. Furthermore, NIO has already launched the next round of production ramp-up. The estimation of the supply chain-wide production capacity will reach 7,500 units per month by next January, to address the delivery demands coming from the increasing number of orders. Albemarle Corp. (NYSE:ALB) a leader in the global specialty chemicals industry, announced it has been awarded the Carolinas Community Design Award by the U.S. Green Building Council (USGBC) for its headquarters expansion project in Charlotte, NC. Albemarle won this award in the Interior Design and Construction category for the company's sustainable, collaborative, and wellness-focused headquarters expansion. This award comes on the heels of the company receiving a LEED Gold certification from the USGBC earlier this year for the same project. "At Albemarle, sustainability and collaboration are key areas of focus in how we work and live" said John Gifford, Albemarle Director of Global Real Estate and Facilities. "To receive this award from the USGBC, in addition to our LEED Gold certification, means they recognize the importance we place on those critical attributes to our employees' work environment. Thank you to our dedicated project team and partners for bringing Albemarle's values to life."Orocobre Ltd. (TSX:ORL) a dynamic global lithium chemicals producer, provides its financial results for the half year ended 31 December 2019 (H1 FY20). Orocobre Managing Director and CEO, Mr Marti´n Pe´rez de Solay said, "Orocobre has continued to deliver positive operating margins despite weaker market conditions. Our operating strategy retains a focus on safety, quality and productivity which is delivering improved operating results and ensuring we remain a profitable, low cost producer of lithium carbonate. Cost management is paramount and towards the end of the half we have implemented further cost saving initiatives at Olaroz and across the rest of our business through the elimination of non-essential contractors, travel and similar expenses. Construction of our growth projects is progressing in line with expected schedules at the Naraha Lithium Hydroxide Plant and the Stage 2 expansion of Olaroz." Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Gratomic Inc. by a third party. We own ZERO shares of Gratomic Inc. Please click here for full disclaimer. Contact Information: 2818047972 ty@LifeWaterMedia.com
These Could be Some of the Hottest EV Opportunities in 2021 December 30, 2020 - Baystreet.ca Momentum behind the electric vehicle (EV) boom is only accelerating. By 2030, the world could see up to 125 million EVs on the road, says CNBC, with the U.S., Europe, and China pushing for a greener future. In the U.S., California Gov. Gavin Newsom just signed an executive order that will ban the sale of gas-powered passenger cars in the state starting in 2035. With China, Wedbush Securities analyst Dan Ives says it could see eye-popping demand for EVs in 2021 and 2022, as noted by Seeking Alpha. However, when it comes to EVs, what’s under the hood could be just as rewarding. For example, lithium, which is seeing considerable demand. In fact, according to Green Car Congress, "The underlying demand growth for lithium compounds remains strong, with demand from rechargeable battery applications forecast to exceed 220kt LCE in 2020, representing roughly 70% of total lithium demand." Even graphite, which serves as the anode in lithium-ion batteries, is under significant demand. Global graphite consumption in 2016 was up to approx. 2.45 million tonnes of synthetic and natural graphite. That could reach approx. 4.5 million tonnes by 2028. That’s creating opportunity for EV, lithium, and graphite companies such as Gratomic Inc. (TSXV:GRAT)(OTCQB:CBULF), Tesla Inc. (NASDAQ:TSLA), Nio Inc. (NYSE:NIO), Albemarle Corp. (NYSE:ALB), and Orocobre Ltd. (TSX:ORL). Gratomic Inc. (TSXV:GRAT)(OTCQB:CBULF) BREAKING NEWS: Gratomic Inc. is pleased to announce completion of civil construction work and begins final equipment assembly on its Aukam Processing Plant in Namibia. The Gratomic team has made an extreme effort to maintain the activities at the Aukam site, while ensuring that every precautionary measure has been taken to prevent the likelihood of a COVID-19 infection on the premises. Gratomic has engaged the services of 12 additional temporary workers, through the local community of Aus, to relieve the Company’s Aukam workers and to allow them time-off during the Holiday Season. This is one of the many additional steps that the team has undertaken to ensure that time constraints are met according to the strict construction timeline. Final equipment assembly has started on metal structures and support frames, manufactured locally by Pro-Edge Steel. Each piece of equipment is being assembled over its custom designed structure. Simultaneously, the onsite team is setting up water, slurry, hydraulic, and electrical installation in preparation of the commissioning phase that comes thereafter. Karl Trudeau will travel to the Aukam Graphite Project in Namibia in Mid-January to oversee final equipment assembly and commissioning in person. Andre Bennet has been appointed as Mechanic and maintenance Supervisor for the Aukam Graphite Project. "I would like to thank the Gratomic workforce in Aukam for their extreme dedication and hard work, which made possible this great achievement, and I am sure that they will continue to be the backbone of our Company for the next steps to come," said Armando Farhate, COO & Head of Graphite Marketing and Sales. "Gratomic continues to excel against all odds in this new exciting phase that brings our Aukam Processing Plant even closer to commissioning. We couldn’t be more thrilled with the progress the team is making and with their ability to quickly adapt to changing circumstances. It is amazing to see how the team has come together to bring this eight-year-old vision to life." commented Arno Brand, President & CEO at Gratomic Inc. Other related developments from around the markets include: Tesla Inc. (NASDAQ:TSLA) reported, “In the third quarter, we produced just over 145,000 vehicles and delivered nearly 140,000 vehicles. In terms of days of sales, new vehicle inventory declined further in Q3 as we continue to improve our delivery efficiency. Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q3 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.” Nio Inc. (NYSE:NIO) delivered 5,291 vehicles in November. Since October, the deliveries have held above 5,000 units with a fourth record high in a row and have doubled year-over-year for eight consecutive months since April. Notably, the deliveries included 1,518 EC6s, the company’s smart electric coupe SUV, up by 71.9% month-over-month. The EC6 has become an iconic model in the premium coupe SUV segment. Meanwhile, the Battery as a Service (BaaS) and battery upgrade plans have made car purchasing decisions easier, met users’ needs under multiple travel scenarios, and dramatically strengthened NIO’s competitiveness against ICE vehicles. BaaS subscription has gone up 35% of the total newly placed orders in November, demonstrating that the market has accepted this innovative business model. Furthermore, NIO has already launched the next round of production ramp-up. The estimation of the supply chain-wide production capacity will reach 7,500 units per month by next January, to address the delivery demands coming from the increasing number of orders. Albemarle Corp. (NYSE:ALB) a leader in the global specialty chemicals industry, announced it has been awarded the Carolinas Community Design Award by the U.S. Green Building Council (USGBC) for its headquarters expansion project in Charlotte, NC. Albemarle won this award in the Interior Design and Construction category for the company's sustainable, collaborative, and wellness-focused headquarters expansion. This award comes on the heels of the company receiving a LEED Gold certification from the USGBC earlier this year for the same project. "At Albemarle, sustainability and collaboration are key areas of focus in how we work and live" said John Gifford, Albemarle Director of Global Real Estate and Facilities. "To receive this award from the USGBC, in addition to our LEED Gold certification, means they recognize the importance we place on those critical attributes to our employees' work environment. Thank you to our dedicated project team and partners for bringing Albemarle's values to life."Orocobre Ltd. (TSX:ORL) a dynamic global lithium chemicals producer, provides its financial results for the half year ended 31 December 2019 (H1 FY20). Orocobre Managing Director and CEO, Mr Marti´n Pe´rez de Solay said, "Orocobre has continued to deliver positive operating margins despite weaker market conditions. Our operating strategy retains a focus on safety, quality and productivity which is delivering improved operating results and ensuring we remain a profitable, low cost producer of lithium carbonate. Cost management is paramount and towards the end of the half we have implemented further cost saving initiatives at Olaroz and across the rest of our business through the elimination of non-essential contractors, travel and similar expenses. Construction of our growth projects is progressing in line with expected schedules at the Naraha Lithium Hydroxide Plant and the Stage 2 expansion of Olaroz." Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Gratomic Inc. by a third party. We own ZERO shares of Gratomic Inc. Please click here for full disclaimer. Contact Information: 2818047972 ty@LifeWaterMedia.com