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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (13752)10/1/2015 11:43:08 AM
From: Goose94Read Replies (3) | Respond to of 202121
 
The one-millionth electric vehicle ("EV") has recently hit the road - and the rate of EV sales is accelerating - over half of those e-cars were sold in the last 14 months.


Why does this the EV market matter to U3O8 Corp?
It makes no sense for environmentally conscious drivers to charge their vehicles with electricity derived from polluting sources - most of these individuals would probably want to see their vehicles "gassed up" with clean electricity from renewable sources and/or nuclear that provides constant, "base-load" electricity that is generated irrespective of whether the sun is shining or the wind is blowing;

Battery technology - specifically some lithium-ion batteries, in which iron and vanadium phosphates are being used - do not overheat. The batteries that have iron and vanadium phosphate in their cathodes are used in GM's Spark, in cordless power tools by DeWalt and Black & Decker and by aircraft manufacturers Cessna and BAE Systems. Vanadium redox batteries ("VBR"s) are large capacity, industrial-scale units in which the main component is vanadium.


Battery manufacturing would be a potential market for some of U3O8 Corp's output when its deposits come on stream - vanadium from its Laguna Salada and Berlin deposits, as well as phosphate from Berlin.

The production milestone of one million EVs has been reached a little later than originally predicted, but don't let that detract from the important take-away - that demand for EVs is accelerating. Plug-in fully electric models accounted for two thirds of sales - double the number of hybrid plug-in vehicles.

The Nissan Leaf leads with a 20% market share