5:10 "we've seen that in the nickel market right now. Car battery markers are not prepared to pay a premium -- that nickel is still being procured predominantly from Indonesia, which is the lowest cost producer but unfortunately doesn't have such a high ESG score..." Yes!
I think making batteries for light unmanned arieal vehicles is a good business to start. I buy a ton of batteries for my toys and they get expensive. The pro level drones have really expensive proprietary batteries and maybe he can get to make some for those companies. I like that he didn't bring up manned evtol and didn't sound like he was betting on that industry when you brought it up but he would make some licensed evtol batteries if they pay for it and developed them. Maybe they can make a line of expensive elite quality e-bike batteries for people that want top of the line bikes at the highest price point. They could have high safety standards and be famous for not burning up.
5:10 "we've seen that in the nickel market right now. Car battery markers are not prepared to pay a premium -- that nickel is still being procured predominantly from Indonesia, which is the lowest cost producer but unfortunately doesn't have such a high ESG score..."
Yes!
Thanks Peter for highlighting this message 👍🏽
I think making batteries for light unmanned arieal vehicles is a good business to start. I buy a ton of batteries for my toys and they get expensive. The pro level drones have really expensive proprietary batteries and maybe he can get to make some for those companies. I like that he didn't bring up manned evtol and didn't sound like he was betting on that industry when you brought it up but he would make some licensed evtol batteries if they pay for it and developed them. Maybe they can make a line of expensive elite quality e-bike batteries for people that want top of the line bikes at the highest price point. They could have high safety standards and be famous for not burning up.
Very interesting business as the number of charging cycles can be as low as 200 compared to 1.500 - 2.000 for an EV
@@BatteryCommodity very important!