![]() ![]() That’s creating demand for the materials that go into lithium-ion batteries like lithium, cobalt, nickel and graphite. Moreover, the London-based researcher expects lithium-ion batteries for energy storage to become a $20 billion-a-year market by 2040, a tenfold increase from now. that’s shaking up the supply chain.Įlectric vehicle sales will surpass internal combustion engine sales by 2038, according to Bloomberg New Energy Finance. While lithium-ion batteries are found in everything from laptops and cell phones to digital cameras, it’s their primary role in electric vehicles like those produced by Musk’s Tesla Inc. By comparison, the benchmark Topix index has gained about 5.9 percent in the same period. ![]() ![]() Nippon Kodoshi Corp., a maker of electrical insulating paper for electrolytic capacitors and batteries, is up 163 percent. Nippon Carbon Co., which makes artificial graphite electrodes, has gained 82 percent. Stella Chemifa has risen 43 percent this year, while W-Scope is up 29 percent. Other beneficiaries making materials or components of lithium-ion batteries include Osaka-based Stella Chemifa Corp., which produces lithium salt, and Tokyo-based W-Scope Corp., which sells separators. Tanaka Chemical, whose shares have risen about 93 percent since the beginning of the year, is representative of a group of Japanese companies whose fortunes have been lifted by the prospects for electric vehicles. ![]() We will keep considering capital investments in line with our business prospects.” “The industry will need more capital investment. “Supply is exceeding demand right now as many cathode material makers had invested to boost capacity around 2008,” Shimakawa said. While a relatively small investment, the new money flowing into battery components from Tanaka could be a precursor to even more spending from suppliers anticipating new electric car models on the road in the next three years, Mamoru Shimakawa, an executive officer at Tanaka, said in an interview. The Fukui, Japan-based company, which has slightly more than 180 employees, plans to invest 500 million yen ($4.54 million) to boost output capacity by about 1,000 tons a year. Tanaka Chemical Corp., which has a long history in developing battery materials, says it’s boosting output to meet surging demand for its materials for making cathodes. He is also a featured writer for Bitcoin Magazine.Tesla's Sexy Solar, Massive Batteries and Fast CarsĪs Elon Musk pushes out from his California base to make electric vehicles ubiquitous, a company halfway around the world and deep in the depths of the battery supply chain is riding his wake. After spending countless hours reading Bitcoin books, listening to Bitcoin podcasts, and discussing Bitcoin investment theses, he decided to help others learn, buy, hold, and secure Bitcoin. Over the years, he's become increasingly interested in the Bitcoin space. Taleb's work has provided him with a strong foundation in understanding asymmetries, exponentials, and complex systems - all of which are core pieces of what makes Bitcoin such a profound (and difficult to understand) asset class. Mitch is a proud graduate of the Real World Risk Institute, taught by Nassim Nicholas Taleb (author of The Incerto), as well as the altMBA, taught by Seth Godin (author of Linchpin and many other bestsellers). He also co-runs a spreadsheet consulting side hustle. After working two years in business tax / mergers & acquisitions at KPMG, he started his entrepreneurial journey by co-founding an online retail business in 2018, which grew to a seven-figure business just two years later. A former CPA turned entrepreneur, Mitch scored in the top 0.06% of all CPA exam takers in 2016, receiving the Elijah Watt Sells Award. Mitch eats, breathes, and sleeps Bitcoin. ![]()
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