The thing is, recession or no recession, either way EV's are smashing towards price parity with ICE vehicles, and that's without government incentives which are happening.
DO you know how many car manufacturers are investing in new ICE technology and R&D? How many are building new ICE vehicle infrastructure? ALmost None... Every single dollar is going into mass manufacturing of EV's.
Not to mention Lithium batteries on household and industrial scales. Grid batteries etc.
The main risk that I see to LTR is
a) Geopolitical (China)
b) Technical (Lithium is bypassed as the best battery product)
Not
- The world is entering recession period, everyone is going to forget about climate change and go back to Oil and ICE vehicles.
The thing is, recession or no recession, either way EV's are...
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$1.00 |
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Mkt cap ! $2.425B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | $1.02 | 97.0¢ | $15.30M | 15.33M |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 92465 | $1.00 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 20810 | 3 |
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