Fairly balanced/bullish analysis BEV from McKinsey August, and...

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22/09/19

12:44

Post #: 40513799
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Originally posted by mikaj ↑

You are technically correct, with emphasis on 'lesser'. Norway and Sweden use about 1% fossil fuel for the grid, which I see that as insignificant.

(Nuclear: kärnkraft; Vattenkraft: hydro; Vindkraft: wind; Kraftvärme: biofuels, the 1% is somewhere in this category, but it's getting phased out)

While that part of Europe is doing well, many Eu countries certainly have a lot of catching up to do:

I'm very comfortable with the idea up more nuclear, but hopefully something new comes up to replace them all. But at least from a Scandinavian perspective (yeah I know, smaller populations), studies have shown the grid can keep up with electrification of cars - total adoption in Swe would use 13 TWhs extra, or slightly less than current windpower generation (which is rapidly growing):

But yes, I'm not kidding myself, there are certainly challenges ahead. I'm just trying to be optimistic, both in terms of having a bit cleaner air and an increased demand for LYC products. I can't wait for Q1, which I think will be quite strong (far from full potential, but an inkling of it).

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Fairly balanced/bullish analysis BEV from McKinsey August, and an extraordinary forecast from VW, suspect opiates in the PR dept water fountain, particularly as I can't find anything even remotely in the region 100K sales 2019.

https://www.mckinsey.com/industries...-vehicle-adoption-despite-early-growing-pains

LYC Price at posting: $2.60 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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