Your cheaky comments don't deserve a serious response my little friend but I will make an exception this time. Technological advancements will take place in the industry with time, to suggest otherwise will be irresponsible. It takes a considerable amount of time and billions of dollars investment by several key players in the market to achieve any large scale commercialisation and development of supply chain for a new technology. With the amount of money that has already been invested in Li Ion battery production lines, all the Li chemicals' current production capacity of entire world will be consumed many times over in a short period of time.Talking about technological obsolescence risk itself. Lithium Ion and Li metal battery chemistries are front runners and will be so for a long time in this race. There will be further advancements in these technologies which will make them cheaper, more energy intense and improve the range of EVs.
One things that we have not established yet and will take years to establish is the safety of those newer chemistries when rubber meets the road. Good luck commercialising them for atleast 10 years.
Lastly, there are lot of car companies and lot of models in development. They target different markets and customers. High end cars and high energy intense applications will continue to use lithium Ion with NCM cathodes for a very long time to come even if there are other technologies making some inroads into lower end of market in 10 years from now.
Long story short, I am very happy to invest my money in PLS. Watch it touch 10 billion by end of 2022.
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