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Originally posted by Benjamins
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Only thing missing is the electric vehicles. This announcement is for the future so don't expect any meaningful revenues for the time being. I'm following the electric car market with interest in the US and it's still labouring. The take up hasn't been as quick as some expected. Still I think the future lies with electric vehicles of some kind but because it's still in the development phase a lot of things can change like the exact battery types. I know Tesla has bet big, but they have to as that's the only way hey can become successful is to inundate the world with electric electric electric. The other unfortunate is the standardisation and every big car manufacture is working on something different in the electric car market. It'll take another good ten years i think before we see anything meaningful in the way of electric cars. For now the manufacturers have actually been reducing car weights to reduce fuel consumption and CO2 emissions. Unfortunately don't think this announcement will add much to SXT for now except look good on paper for the future.
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This is a growing market anyway. They are building this network for many years to come. It is a positive announcement that is designed to build new growing revenue streams.http://www.brisbanetimes.com.au/que...rge-in-us-electric-car-market-20150325-1m7whp
