Why GM Says Its Ultium Batteries Will Lead It To EV Dominance

[areyentiraidhi]

 

[Shameless]

12 minutes ago, areyentiraidhi said:

 

...Tesla tho compare cheyakunda undareeyynnn veelllu...already mana TG/AP lo ee fans valla heroes movies comparison thos sacchipothunte, ee car cmpanies kuda modhalupettayi...

[hyperbole]

Apart from Tesla they are the only ones who have everything inhouse to produce batteries at scale. Ford is breaking ground for new giga factories this year which means 3-5 years away. Getting < $100 for 1 kwh battery is an important step as that will drive down the battery costs significantly, a 70 kwh battery like a tesla m3/y would cost < $7000 essentially will bring down manufacturing costs of ev to ICE levels.

long gm stock, easy $100 by 2024, they are trading at 3x profits( $50 billion market cap with $14 billion profits/year)

[Chevilopuvvu]

40 minutes ago, hyperbole said:

Apart from Tesla they are the only ones who have everything inhouse to produce batteries at scale. Ford is breaking ground for new giga factories this year which means 3-5 years away. Getting < $100 for 1 kwh battery is an important step as that will drive down the battery costs significantly, a 70 kwh battery like a tesla m3/y would cost < $7000 essentially will bring down manufacturing costs of ev to ICE levels.

long gm stock, easy $100 by 2024, they are trading at 3x profits( $50 billion market cap with $14 billion profits/year)

EV/Battery stocks seppu kaaka

[hyperbole]

25 minutes ago, Chevilopuvvu said:

EV/Battery stocks seppu kaaka

Avoid all ev startups for now - low risk and undervalued play is gm - reasons (Ultium packs - they will be selling these yo everyone from shipping, locomotives to solar providers, cruise and brightdrop). Cruise(autonomous  driving and  robo taxi) which gm owns is valued at $50 billion by itself. Cruise might replace uber or compete with in few years, check their driveless taxi videos

Fisker sept/oct lo vehicle as per plan release ayite stock will hit $30 . That is the only play I am hedging at the moment. Sold all lcid($48) and rivn ($92). 

[veerigadu]

Ultium Is far better in ferformance than lithium ion batteries used by Tesla.
 

Ultium is also lithium-based anukunta. But they are designed in different way to retain more power. It’s all about modulation and architecture of metals 
 

As I said EV era is still in the beginning stages. Many more advanced batteries will come up in future