The auto industry is reeling so badly that it’s hard to imagine it generating a huge money-making market.
Auto companies are in horrible shape. Will GM survive? Has Toyota seen its best days? Is Ford’s funk temporary or permanent?
You should stay away from them. But why not invest in the next big technology the auto companies will need?
All of them have plans to introduce or step up production of battery-driven cars beginning around 2011-12.
The batteries these cars are using today won’t be the batteries they will be using in a few years. Nickel-cadmium batteries are on their way out. And on the way in are lithium-ion batteries.
The lithiums have twice the capacity and half the weight of nickel-cadmium batteries. Plus, unlike the nickel-cadmium ones, they work fine in hot and cold weather.
This market is flying under the radar. From $9 billion today, it could reach $150 billion in the next ten years.
There are about 30 car companies around the world dying to get their hands on this new technology. The race has already begun. And those companies that have already begun production have the best chance of becoming big players in this market.
With the market getting ready to experience explosive growth, the stakes are huge.
By Andrew Gordon
Posted 20 Jan 2009
read more articles in www.stockmarkerwatch.info
Disclaimer…The subject matters expressed above is based purely on technical analysis and personal opinions of the writer. it is not a solicitation to buy or sell
No comments:
Post a Comment