“Clemmie please………”
…yes, Fonse this is for REAL!
The electric vehicle revolution
The electric vehicle revolution is not just about cars. It’s about engines guzzling gas and the eventual overhauling of everything under the hood. Let’s face it, electric vehicles are the future. We’ve come a long way and the future is changing every day.
Gas consuming vehicles polluting the earth are about to see their own demise. There’s a lot of support for “clean energy” right now. Biden and his new administration have a very progressive congress looking to change the landscape of the world for future generations to come.
Unfortunately, for some very huge corporations and even nations who haven’t diversified these changes, now in sight, will result in billions of dollars lost. Oil exporting nations, oil companies around the world and businesses that produce combustion engines and components will be consumed. Only those companies that are willing, and more importantly, able to evolve into clean energy producing manufacturers will survive.
This means the loss of millions of jobs in those factories and all traditional auto repair facilities. You ask: “What about muffler and transmission specialists?”………..I’d sell those stocks sooner than later!
Electric vehicles don’t have engine blocks, pistons, rings, valves, coils, spark plugs, injectors, fuel pumps just to mention a few components!
The Tesla electric “Drivetrain” has less than 20 components while a typical gas engine, transmission, has around 200. Electric vehicles have far fewer moving parts, whether it be an automobile, truck or bus. This proves to be the most important and practical evidence that the future will be an electric one.
Crazy money
Now on the wings of this clean energy movement many capitalists will venture into the market of electric vehicle manufacturers and new evolving technologies associated with them. Companies that will emerge as the leaders in the coming months and years ahead will be those best rated by both statistics and value.
I’m talking here about auto, truck and bus companies who will break new boundaries for battery range and cost effectiveness. Large legacy companies will be using their size and creative reconstruction to capture huge sales and returns. This means the GM’s and Fords of the world.
Companies in China and Europe have put 1.3 and 1.4 million electric vehicles on the road in 2020. Germany on its own finished 2nd to China with the U.S. coming in 3rd. Volkswagen has been ahead of the field extending vehicle range by 50% and cutting charging time to a mere 15 minutes.
It has been forecasted that the electric vehicle market will reach $1.5 trillion within the next ten years. Crazy money will be made by those investors buying equity shares in companies that will drive the future of these vehicles. On the other hand, money management firms will short shares of those corporations destined for their demise.
Where will the money be going?
The trillions of dollars will be awarded to those emerging companies producing the new technologies driving this revolution. Companies manufacturing the electronic components necessary to advance the growth of the industry are most critical. My top ten list of companies would include makers of:
1) Batteries and Battery Development
2) Charging Stations
3) Thermal Systems (Cooling)
4) Transmission Replacement Technology
5) Electric Traction Motors
6) Computerized Electronic Controllers
7) DC/DC Converters
8) New On-Board Charging Systems
9) Vehicle Charging Ports
10) Traction Battery Packs / Auxiliary Batteries
Already The Future Holds:
Traction Battery Packs store all of the electricity for use by the Electric Traction Motors. Auxiliary Batteries power computers and accessories such as windows, sunroofs, stereos, A/C and heaters. The vehicle’s charging ports and charging stations are self explanatory.
The Electronic Transmissions transfer power from the Electric Traction Motors to the wheels. However, some electric vehicles have already eliminated the need for a “transmission” by attaching their Electric Traction Motors directly to the wheels. This is often referred to as the “Drivetrain”.
Thermal Systems maintain temperature ranges of all electronic components.
A DC/DC Converter converts high-voltage direct current (DC) from the Traction Battery Pack into low-voltage direct current (DC) to power the accessories by recharging the auxiliary batteries.
Finally, an On-Board Charging System takes incoming alternating current (AC) from Charging Ports and converts it to direct current (DC).
Where are we now?
Electric vehicles are just out of the starting gate, but technology is advancing at a pace that is hard to truly comprehend. Based upon today’s tremendous computing power we will be amazed at the advancements over the next decade.
Batteries, in my estimation, are the keys to a future that will never look back again.
Lithium-ion batteries which consist of only four components: 2 electrodes (an anode and a cathode), a liquid electrolyte that moves the ions between the electrodes, and a separator keeping the electrodes from touching are powering most of the current electric vehicles. However, scientists and chemists are hard at work to advance this technology experimenting with new cathode materials such as aluminum and iron to make lighter and less expensive batteries than the cobalt, nickel and manganese ones being used already.
I’m also tracking the development of a new technology that could change the future of the “clean energy” revolution forever. This includes technologies that will reduce the use of heavy amounts of graphite needed to store lithium ions. Various small, independent companies have sprung up using labs working with materials to make solid-state batteries that will do just that.
I’m really excited about a small company that is currently manufacturing a battery they call the “Quantum Glass Battery”. This may change the landscape of battery manufacturing and send the market for this technology into overdrive.
I’m certain that the future will include a battery capable of taking a vehicle 1000 miles on a single charge and also able to fully charge as quickly as your cell phone. This battery will be much more cost effective. It will be smaller, lighter and longer lasting than anything on the road today.
Where are you going?
Never underestimate the power of fate and destiny. As we get older we definitely slow down; but, the surge in mental awareness is incredible. We now have the courage to admit what we want and the knowledge of how to get it. Yielding to our wisdom is remarkably simple as we now “know what we know” and can trust our intellect. Most importantly, using our minds has become as simple as habits like taking a daily run or drinking a cup of coffee.
Dear Brother
We have been blessed with the care of loving parents, had a very privileged upbringing and acknowledge these truths. Pops was our truest critic applauding our successes and pointing out our failures. He gave us the freedom to discover our own selves. In his memory and with mom’s continued love we have made the value of our family imperative.
I honestly believe that Pop wanted to write his memoirs so we could understand his childhood and even to reveal his inner self to us. I know that Renee has his last written words and some cassettes he recorded. I wish he was here so I could put his words down for him and help him finish what he was unable to do.
I hope this blog has given you a reason to read others I’ve written. I’d love to get some feedback from you. Remember, you’re not just my older brother you’re also someone I really admire.
Life is too short and the time we have left is precious.
Clemmie: I don’t read this blog everyday and I haven’t read it since you first told me about it! Why don’t you just call me? And we can talk about anything and everything!