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How To Profit On The Coming Electric Vehicle Market
Posted on 3/23/23 at 6:25 am
Posted on 3/23/23 at 6:25 am
With the news of GM ending the Camaro production and majority of manufacturers pledging to be all electric in coming years what are some ways to “get ahead of the curve” to profit when this happens? All I can think of is charging stations? Not sure how one would even get started in that tho.
8
Posted on 3/23/23 at 6:38 am to GAFF
Battery manufacturers like ENVX
Posted on 3/23/23 at 6:47 am to GAFF
I have read that EV takes 40% less labor to build than an internal combustion engine car. So I would keep it simple and buy Ford (F).
Posted on 3/23/23 at 7:05 am to GAFF
Open a trendy gay bar with fast chargers
Posted on 3/23/23 at 7:10 am to GAFF
Like gas stations, charging stations will eventually make money selling candy, soda, and cigarettes
Posted on 3/23/23 at 7:15 am to GAFF
LNG
Posted on 3/23/23 at 7:17 am to Upperdecker
Snickers needs to update their "Not going anywhere for awhile?" ads with one showing an EV owner waiting for the car to charge.
Posted on 3/23/23 at 7:17 am to Upperdecker
And mojitos
Posted on 3/23/23 at 7:50 am to frogtown
Yep, eventually all car manufacturers are gonna incorporate it into their vehicles. Buy F and others now.
Posted on 3/23/23 at 8:42 am to GAFF
Posted on 3/23/23 at 8:52 am to AUHighPlainsDrifter
He said profit not loss
Posted on 3/23/23 at 8:55 am to el Gaucho
Easy Gauch, he probably wouldn't buy in where you did.
Posted on 3/23/23 at 8:57 am to Wraytex
It’s basically where I bought it like 3 years ago now
Posted on 3/23/23 at 9:04 am to el Gaucho
For me it's up down and sideways. By that I mean up 300% and down 300% 
Posted on 3/23/23 at 5:35 pm to TDsngumbo
quote:
Buy F and others now.
I need to do some research on which companies are most likely to be able to build these things profitably. I looked at the Porsche ADRs last year (POAHY) - glad I didn’t bite though. I’m (sadly) already in Lucid (LCID). The space is going to get crowded, but right now, I can’t see a clear winner (apart from TSLA). Strangely enough, both Toyota and Honda seem to be behind on pure EVs right now… and that surprises me. With their head start development work in Le Mans and/or F1 electrification, you’d think they’d be way ahead.
Posted on 3/23/23 at 7:13 pm to GAFF
Indie semi, more specifically the warrants indiw
Posted on 3/24/23 at 9:19 am to GAFF
Battery recycling.
Posted on 3/24/23 at 9:25 am to Upperdecker
Seems like it would be common sense to drop a few vending machines next to a charging station. Would probably make a killing
Posted on 3/24/23 at 9:26 am to joshnorris14
quote:
Battery manufacturers like ENVX
tell me more about ENVX
Posted on 3/24/23 at 9:50 pm to Jag_Warrior
EVs will be a huge bust unless a miracle happens in battery technology and power generation. There isn’t enough of the needed materials to make enough cars with batteries for everyone and the range is awful with long charge times. This will remain a niche market. Some other fuel source may emerge but it won’t be EVs.
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