The Future is Electric: Why EV Stocks Could Continue To Soar In 2021 April 05, 2021 - Baystreet.ca While the EV boom has been growing for years, 2021 could be the year electric starts to take over everything. And it could happen much sooner than most people realize, as some of the biggest names are already hopping on board. Amazon has already started making deliveries with electric vans in Los Angeles, as they’ve agreed to purchase 100,000 vans from EV startup, Rivian. The United States Postal Service just signed a 10-year, multi-billion dollar contract with Oshkosh Defense to produce thousands of electric mail trucks. And United Airlines just placed an incredible $1 billion order with EV manufacturer, Archer, for a fleet of electric air taxis. Legacy automakers are all making the shift too, rolling out their line of electric vehicles one by one. Ford is set to double their investment in EVs to $22 billion, and they’re planning to release their electric version of the Mustang and the F-150, the most popular vehicle in the U.S. Volkswagen is calling their 2021 electric crossover, the ID.4, “the most important new Volkswagen debut since the Beetle.” And General Motors has even announced they’ll stop making gas-powered vehicles altogether by 2035. Now, Biden has even announced plans to transition all government fleet vehicles to EVs. This electric revolution has already led to monster gains for EV companies throughout 2020. The EV van startup, Workhorse, saw gains of over 551%... Tesla’s shares shot up a massive 740%... And Blink Charging soared for incredible 1,740% gains last year. Now, many investors are looking ahead for the next big thing in the EV markets. And one Canadian company in EV related business has seen its momentum building steadily over the last year. Facedrive (TSXV:FD,OTC:FDVRF) has been acquiring key pieces left and right, adding them to their electric ecosystem alongside their signature ridesharing service. With these acquisitions, they’ve brought the EV boom into food delivery, car subscriptions, and more. This is why they’ve seen shares jump an incredible 969% over the last year… And now that Facedrive has announced a major government investment in their technology, their business could be set to take off in 2021. Here are 3 reasons why you should be paying attention to Facedrive: 1 - Bringing EVs to the Gig Economy Many of the biggest EV stories of late have come from either the automakers rolling out new models or companies working on building out the infrastructure... But Facedrive is taking a different approach. Instead, they’re using the cars those automakers have already made and turning them into an entire EV-related ecosystem. So just like Uber has built their $96 billion business off leveraging cars they never manufactured, bought, or sold… Facedrive (TSXV:FD,OTC:FDVRF) connects customers looking to hail a ride, providing an eco-friendly solution. Their model is simple. When customers request a ride, they get their pick between riding to their destination in a standard gas-powered car, a hybrid or an electric vehicle (for no extra charge to them). Then Facedrive’s algorithm crunches the numbers, setting aside a portion of the fare to plant trees, offsetting the carbon footprint from the ride. Through next-gen technology and partnerships, they’re bringing EVs into the gig economy and making a splash. That’s because Facedrive has also added a food delivery service, which has taken off since so many have been stuck at home during global lockdowns. Today, they’re delivering over 4,100 orders per day on average. And after growing to 19 major cities, they plan to expand to more cities throughout the U.S. and Canada soon. But they’ve also gone beyond applying EVs to the gig economy and are offering a way for people to get behind the wheel themselves without the usual sticker shock. 2 - Reinventing The Standard Model At this point there’s no question there’s a growing demand for EVs from consumers, as this trend has spread from Europe and Asia and through North America. And almost 3 out of 4 younger buyers even say they’re willing to pay higher prices to own an electric vehicle. But with Facedrive’s acquisition of Steer, you can get the benefits without the large upfront cost. Facedrive recently acquired the EV subscription company from the largest clean energy producer in the United States, and they’re aiming to change the way people think about using EVs. Steer has combined the Netflix subscription model with the EV boom to flip the traditional car ownership model on its head. With Facedrive’s acquisition of Steer, customers pay a simple monthly fee like with Netflix, and they get access to their choice of EVs from a fleet at their disposal. So they can borrow one whenever they need it instead of buying an EV outright - and at a fraction of the cost. They’re up and running in the Washington D.C. market already… And they’ve seen so much success there that they’ve decided to expand further north, to roll out the service in Toronto as well. With two of the largest metro areas in North America in the mix, Facedrive has started paving the path for a completely unique way to save drivers money in the EV boom. But their biggest announcement recently came thanks to their willingness to think outside the box and serve the most pressing need we’re seeing today. 3 - Taking On The Biggest Challenges While Facedrive (TSXV:FD,OTC:FDVRF) has been busy helping bring EVs to mainstream use in creative ways, they’ve also found a way to help address the issue we’ve all been facing for the last year. By partnering with the University of Waterloo, they’ve created a wearable contact tracing technology called TraceSCAN. It’s designed to help alert those without cell phones after they’ve been in contact with someone who’s tested positive for COVID-19. That’s great news for those working in schools, airports, mining, long-term care facilities, and more. And the demand for TraceSCAN has surged in recent months, as businesses work to open safely and responsibly. Facedrive has now signed an agreement with Canada’s largest airline, Air Canada, to use this breakthrough technology. They’re also in discussions to continue TraceSCAN’s growth with major multinational corporations. But perhaps the most exciting news came from a government announcement in Canada just weeks ago. In February, the Ontario government announced they’re investing $2.5 million to help speed up the deployment of TraceSCAN to more users. This means TraceSCAN’s technology has gotten another vote of confidence in their innovative technology... to the tune of millions from the government. As governments and businesses around the world are doing whatever they can to stop the spread of the virus, this major announcement could help bring attention to Facedrive’s TraceSCAN technology… Applying more pressure to other organizations and governments to act responsibly and start investing more seriously in contact tracing technology. Setting Up For Electric Everything in 2021 As 2021 heats up, we’re seeing that the EV boom isn’t just limited to manufacturing sedans anymore. It involves building an entire electric ecosystem and re-imagining what transportation looks like on all fronts. That’s why Facedrive (TSXV:FD,OTC:FDVRF) aims see their growth wave continue as they bring EVs to ridesharing, food delivery, and beyond. Here are a few other companies who could profit in the electric future: Canada is not likely to be left out of this boom, either. GreenPower Motor (TSX:GPV) is an exciting company that produces larger-scale electric transportation. Right now, it is primarily focused on the North American market, but the sky is the limit as the pressure to go green grows. GreenPower has been on the frontlines of the electric movement, manufacturing affordable battery-electric busses and trucks for over ten years. From school busses to long-distance public transit, GreenPower’s impact on the sector can’t be ignored. NFI Group (TSX:NFI) is another one of Canada’s most exciting companies in the electric vehicle space. It produces transit busses and motorcycles. NFI had a difficult start to the year, but it since cut its debt and begun to address its cash flow struggles in a meaningful way. Though it remains down from January highs, NFI still offers investors a promising opportunity to capitalize on the electric vehicle boom. Recently, NFI has seen an uptick in insider stock purchases which is often a sign that the board and management strongly believe in the future of the company. In addition to its increasingly positive financial reports, it is also one of the few in the business that actually pay dividends out to its investors. Lithium Americas Corp. (TSX:LAC) is one of North America’s most important and successful pure-play lithium companies. In a way, Lithium Americas is literally fueling the green energy boom. With two world-class lithium projects in Argentina and Nevada, Lithium Americas is well-positioned to ride the wave of growing lithium demand in the years to come. It’s already raised nearly a billion dollars in equity and debt, showing that investors have a ton of interest in the company’s ambitious plans, and it will likely continue its promising growth and expansion for years to come. It’s not ignoring the growing demand from investors for responsible and sustainable mining, either. In fact, one of its primary goals is to create a positive impact on society and the environment through its projects. This includes cleaner mining tech, strong workplace safety practices, a range of opportunities for employees, and strong relationships with local governments to ensure that not only are its employees being taken care of, but locals as well. Celestica (TSX:CLS) is closely tied to the green energy boom. Celestica’s wide range of products includes but is not limited to communications solutions, enterprise and cloud services, aerospace and defense products, renewable energy and enough health technology. Thanks to its exposure to the renewable energy market, Celestica’s future is tied hand-in-hand with the green energy boom that’s sweeping the world at the moment. It helps build smart and efficient products that integrate the latest in power generation, conversion and management technology to deliver smarter, more efficient grid and off-grid applications for the world’s leading energy equipment manufacturers and developers. Maxar Technologies (TSX:MAXR) is a high flying tech stock to watch in the energy transition. Why? Its wholly-owned subsidiary, SSL, a designer and manufacturer of satellites used by government and commercial enterprises, has pioneered research in electric propulsion systems, lithium-ion power systems and the use of advanced composites on commercial satellites. These innovations are key because they allow satellites to spend more time in orbit, reducing costs and increasing efficiency. And it’s greener than traditional power sources. Thanks to Maxar’s incredible tech and innovative approach to the already-extremely complicated space industry, the company has seen its share price climb where many of its peers have struggled. In fact, in just the past two years, Maxar has seen its share price increase by well over 1000%. And as the company secures more deals in the great beyond, the innovative firm will likely maintain its upward trajectory for some time. By. Max Gibson **IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY** Forward-Looking Statements / This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that the demand for ride sharing services will grow; that Steer can help change car ownership in favor of subscription services; that new tech deals will be signed by Facedrive and deals signed already will increase company revenues; that Facedrive will achieve its plans for manufacturing and selling Tracescan devices; that Facedrive will be able to expand to the US and globally; that Facedrive will be able to fund its capital requirements in the near term and long term; and that Facedrive will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that riders are not as attracted to EV rides as expected; that competitors may offer better or cheaper alternatives to the Facedrive businesses; changing governmental laws and policies; the company’s ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company’s expansion activities and whether markets justify additional expansion; the ability of the company to attract drivers who have electric vehicles and hybrid cars; and that the products co-branded by Facedrive may not be as merchantable as expected. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law. DISCLAIMERS This communication is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) owns a considerable number of shares of FaceDrive (TSX:FD.V) for investment, however the views reflected herein do not represent Facedrive nor has Facedrive authored or sponsored this article. This share position in FD.V is a major conflict with our ability to be unbiased, more specifically: This communication is for entertainment purposes only. Never invest purely based on our communication. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the featured company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct. SHARE OWNERSHIP. The owner of Oilprice.com owns a substantial number of shares of this featured company and therefore has a substantial incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. RISK OF INVESTING. Investing is inherently risky. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.
The Future is Electric: Why EV Stocks Could Continue To Soar In 2021 April 05, 2021 - Baystreet.ca While the EV boom has been growing for years, 2021 could be the year electric starts to take over everything. And it could happen much sooner than most people realize, as some of the biggest names are already hopping on board. Amazon has already started making deliveries with electric vans in Los Angeles, as they’ve agreed to purchase 100,000 vans from EV startup, Rivian. The United States Postal Service just signed a 10-year, multi-billion dollar contract with Oshkosh Defense to produce thousands of electric mail trucks. And United Airlines just placed an incredible $1 billion order with EV manufacturer, Archer, for a fleet of electric air taxis. Legacy automakers are all making the shift too, rolling out their line of electric vehicles one by one. Ford is set to double their investment in EVs to $22 billion, and they’re planning to release their electric version of the Mustang and the F-150, the most popular vehicle in the U.S. Volkswagen is calling their 2021 electric crossover, the ID.4, “the most important new Volkswagen debut since the Beetle.” And General Motors has even announced they’ll stop making gas-powered vehicles altogether by 2035. Now, Biden has even announced plans to transition all government fleet vehicles to EVs. This electric revolution has already led to monster gains for EV companies throughout 2020. The EV van startup, Workhorse, saw gains of over 551%... Tesla’s shares shot up a massive 740%... And Blink Charging soared for incredible 1,740% gains last year. Now, many investors are looking ahead for the next big thing in the EV markets. And one Canadian company in EV related business has seen its momentum building steadily over the last year. Facedrive (TSXV:FD,OTC:FDVRF) has been acquiring key pieces left and right, adding them to their electric ecosystem alongside their signature ridesharing service. With these acquisitions, they’ve brought the EV boom into food delivery, car subscriptions, and more. This is why they’ve seen shares jump an incredible 969% over the last year… And now that Facedrive has announced a major government investment in their technology, their business could be set to take off in 2021. Here are 3 reasons why you should be paying attention to Facedrive: 1 - Bringing EVs to the Gig Economy Many of the biggest EV stories of late have come from either the automakers rolling out new models or companies working on building out the infrastructure... But Facedrive is taking a different approach. Instead, they’re using the cars those automakers have already made and turning them into an entire EV-related ecosystem. So just like Uber has built their $96 billion business off leveraging cars they never manufactured, bought, or sold… Facedrive (TSXV:FD,OTC:FDVRF) connects customers looking to hail a ride, providing an eco-friendly solution. Their model is simple. When customers request a ride, they get their pick between riding to their destination in a standard gas-powered car, a hybrid or an electric vehicle (for no extra charge to them). Then Facedrive’s algorithm crunches the numbers, setting aside a portion of the fare to plant trees, offsetting the carbon footprint from the ride. Through next-gen technology and partnerships, they’re bringing EVs into the gig economy and making a splash. That’s because Facedrive has also added a food delivery service, which has taken off since so many have been stuck at home during global lockdowns. Today, they’re delivering over 4,100 orders per day on average. And after growing to 19 major cities, they plan to expand to more cities throughout the U.S. and Canada soon. But they’ve also gone beyond applying EVs to the gig economy and are offering a way for people to get behind the wheel themselves without the usual sticker shock. 2 - Reinventing The Standard Model At this point there’s no question there’s a growing demand for EVs from consumers, as this trend has spread from Europe and Asia and through North America. And almost 3 out of 4 younger buyers even say they’re willing to pay higher prices to own an electric vehicle. But with Facedrive’s acquisition of Steer, you can get the benefits without the large upfront cost. Facedrive recently acquired the EV subscription company from the largest clean energy producer in the United States, and they’re aiming to change the way people think about using EVs. Steer has combined the Netflix subscription model with the EV boom to flip the traditional car ownership model on its head. With Facedrive’s acquisition of Steer, customers pay a simple monthly fee like with Netflix, and they get access to their choice of EVs from a fleet at their disposal. So they can borrow one whenever they need it instead of buying an EV outright - and at a fraction of the cost. They’re up and running in the Washington D.C. market already… And they’ve seen so much success there that they’ve decided to expand further north, to roll out the service in Toronto as well. With two of the largest metro areas in North America in the mix, Facedrive has started paving the path for a completely unique way to save drivers money in the EV boom. But their biggest announcement recently came thanks to their willingness to think outside the box and serve the most pressing need we’re seeing today. 3 - Taking On The Biggest Challenges While Facedrive (TSXV:FD,OTC:FDVRF) has been busy helping bring EVs to mainstream use in creative ways, they’ve also found a way to help address the issue we’ve all been facing for the last year. By partnering with the University of Waterloo, they’ve created a wearable contact tracing technology called TraceSCAN. It’s designed to help alert those without cell phones after they’ve been in contact with someone who’s tested positive for COVID-19. That’s great news for those working in schools, airports, mining, long-term care facilities, and more. And the demand for TraceSCAN has surged in recent months, as businesses work to open safely and responsibly. Facedrive has now signed an agreement with Canada’s largest airline, Air Canada, to use this breakthrough technology. They’re also in discussions to continue TraceSCAN’s growth with major multinational corporations. But perhaps the most exciting news came from a government announcement in Canada just weeks ago. In February, the Ontario government announced they’re investing $2.5 million to help speed up the deployment of TraceSCAN to more users. This means TraceSCAN’s technology has gotten another vote of confidence in their innovative technology... to the tune of millions from the government. As governments and businesses around the world are doing whatever they can to stop the spread of the virus, this major announcement could help bring attention to Facedrive’s TraceSCAN technology… Applying more pressure to other organizations and governments to act responsibly and start investing more seriously in contact tracing technology. Setting Up For Electric Everything in 2021 As 2021 heats up, we’re seeing that the EV boom isn’t just limited to manufacturing sedans anymore. It involves building an entire electric ecosystem and re-imagining what transportation looks like on all fronts. That’s why Facedrive (TSXV:FD,OTC:FDVRF) aims see their growth wave continue as they bring EVs to ridesharing, food delivery, and beyond. Here are a few other companies who could profit in the electric future: Canada is not likely to be left out of this boom, either. GreenPower Motor (TSX:GPV) is an exciting company that produces larger-scale electric transportation. Right now, it is primarily focused on the North American market, but the sky is the limit as the pressure to go green grows. GreenPower has been on the frontlines of the electric movement, manufacturing affordable battery-electric busses and trucks for over ten years. From school busses to long-distance public transit, GreenPower’s impact on the sector can’t be ignored. NFI Group (TSX:NFI) is another one of Canada’s most exciting companies in the electric vehicle space. It produces transit busses and motorcycles. NFI had a difficult start to the year, but it since cut its debt and begun to address its cash flow struggles in a meaningful way. Though it remains down from January highs, NFI still offers investors a promising opportunity to capitalize on the electric vehicle boom. Recently, NFI has seen an uptick in insider stock purchases which is often a sign that the board and management strongly believe in the future of the company. In addition to its increasingly positive financial reports, it is also one of the few in the business that actually pay dividends out to its investors. Lithium Americas Corp. (TSX:LAC) is one of North America’s most important and successful pure-play lithium companies. In a way, Lithium Americas is literally fueling the green energy boom. With two world-class lithium projects in Argentina and Nevada, Lithium Americas is well-positioned to ride the wave of growing lithium demand in the years to come. It’s already raised nearly a billion dollars in equity and debt, showing that investors have a ton of interest in the company’s ambitious plans, and it will likely continue its promising growth and expansion for years to come. It’s not ignoring the growing demand from investors for responsible and sustainable mining, either. In fact, one of its primary goals is to create a positive impact on society and the environment through its projects. This includes cleaner mining tech, strong workplace safety practices, a range of opportunities for employees, and strong relationships with local governments to ensure that not only are its employees being taken care of, but locals as well. Celestica (TSX:CLS) is closely tied to the green energy boom. Celestica’s wide range of products includes but is not limited to communications solutions, enterprise and cloud services, aerospace and defense products, renewable energy and enough health technology. Thanks to its exposure to the renewable energy market, Celestica’s future is tied hand-in-hand with the green energy boom that’s sweeping the world at the moment. It helps build smart and efficient products that integrate the latest in power generation, conversion and management technology to deliver smarter, more efficient grid and off-grid applications for the world’s leading energy equipment manufacturers and developers. Maxar Technologies (TSX:MAXR) is a high flying tech stock to watch in the energy transition. Why? Its wholly-owned subsidiary, SSL, a designer and manufacturer of satellites used by government and commercial enterprises, has pioneered research in electric propulsion systems, lithium-ion power systems and the use of advanced composites on commercial satellites. These innovations are key because they allow satellites to spend more time in orbit, reducing costs and increasing efficiency. And it’s greener than traditional power sources. Thanks to Maxar’s incredible tech and innovative approach to the already-extremely complicated space industry, the company has seen its share price climb where many of its peers have struggled. In fact, in just the past two years, Maxar has seen its share price increase by well over 1000%. And as the company secures more deals in the great beyond, the innovative firm will likely maintain its upward trajectory for some time. By. Max Gibson **IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY** Forward-Looking Statements / This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that the demand for ride sharing services will grow; that Steer can help change car ownership in favor of subscription services; that new tech deals will be signed by Facedrive and deals signed already will increase company revenues; that Facedrive will achieve its plans for manufacturing and selling Tracescan devices; that Facedrive will be able to expand to the US and globally; that Facedrive will be able to fund its capital requirements in the near term and long term; and that Facedrive will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that riders are not as attracted to EV rides as expected; that competitors may offer better or cheaper alternatives to the Facedrive businesses; changing governmental laws and policies; the company’s ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company’s expansion activities and whether markets justify additional expansion; the ability of the company to attract drivers who have electric vehicles and hybrid cars; and that the products co-branded by Facedrive may not be as merchantable as expected. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law. DISCLAIMERS This communication is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) owns a considerable number of shares of FaceDrive (TSX:FD.V) for investment, however the views reflected herein do not represent Facedrive nor has Facedrive authored or sponsored this article. This share position in FD.V is a major conflict with our ability to be unbiased, more specifically: This communication is for entertainment purposes only. Never invest purely based on our communication. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the featured company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct. SHARE OWNERSHIP. The owner of Oilprice.com owns a substantial number of shares of this featured company and therefore has a substantial incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. RISK OF INVESTING. Investing is inherently risky. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.