Demand for #lithium is increasing exponentially, and it doubled in price between 2016 and 2018. According to consultancy Cairn Energy Research the lithium ion industry is expected to grow from 100 gigawatt hours (GWh) of annual production in 2017, to almost 800 GWhs in 2027.
#Lithium-ion batteries are a crucial component of efforts to clean up the planet. The battery of a Tesla Model S has about 12 kilograms of lithium in it, while grid storage solutions that will help balance renewable energy would need much more.
$TSLA investors were hoping for an announcement regarding the highly anticipated $25,000 Model 2 EV. Instead, they got pictures of a tarp, and a few lofty goals about cost-cutting and production. Still, some analysts were happy with what Musk had to say.
https://t.co/uHzoYsmme8
Talking about #Lithium revolution here $WINH indeed made a big boost
less than ten years from now, we will be talking about the consumption of #lithium as an estimate of the size of an economy.
$SGML $SQM $LTHM $WINH
#Lithium sentiment went form "buzz off" some 3 years ago to being the main rave recently.
$winh is a main lithium extractor with neolithica from canada.
"Are you willing to lose money on a trade? If not, then don't take it. You can only win if you're not afraid to lose. And you can only do that if you truly accept the risks in front of you." – Sami Abusad
If you could only choose a stock, which one of these would it be??
$NBIO $NVO $REGN $VRTX $MRNA $BTNX $RORX $SGEN $ALNY $GMAB $BMRN $BGNE $INCY $TECH $BHVN $SRPT $WINH $GSDT $UTHR $Jazz $APLS $LEGN $MRVI $IONS $ASND
#StocksToBuy#stockstowatch
I'd choose $NBIO 😁