2022 BRN Discussion, page-43

Exactly FF. I'm heavily into everything EV and power storage. OEM's, Tesla and other start-ups are currently investing hundreds of billions of dollars building gigafactories and will continue to do so for the next 30-40 years. Most of the work is done by robotics. They'll require millions of our chips in these gigafactories along with the electric vehicles they produce especially if Akida can make Lithium-ion battery and vehicle manufacture more efficient to reduce costs.

The 2 biggest goals atm for the EV manufacturers are to increase battery density for greater range and get the cost of the vehicles down on par or cheaper than their internal combustion engine equivalents. It's a massive race atm to grab market share and they're all looking for an edge. There isn't any fat left in the cost of raw materials so Musk and co. are zeroing in on innovative ways on how they manufacture to reduce costs.

The production of EV's more than doubled this year from last year. 2.8m to ~6.2m. The aim is to get to 120m/yr by 2040. Trillions need to be invested in plant and equipment to build them.