When LAC Pops... I want to buy a BOLT!!
posted on
May 07, 2020 06:28PM
OK, I struggled with whether to post this over on Off Topic Forum. So what is the connection to LAC? Well, certainly lithium is important to both the Nissan Leaf and to the Chevy Bolt.... that's about it. The only other factor is that I can't afford either the Leaf or the Bolt now, but.... when LAC reaches $10+ a share then it is "BOLT" time! And I would also be able to add the 240 Volt home charger then as well. OK.. it's a stretch.
https://www.yahoo.com/news/44-000-chevy-bolt-versus-185537384.html
Now to be serious for a second, the following satement from the article show how much Chevrolet is betting on the shift to EVs and THAT does have a bearing on the lithium market and thus on LAC:
"In that sense, while the Leaf was an important all-electric vehicle, simply by virtue of being an early-comer to the party, the Bolt was the perhaps most important vehicle GM has ever produced, defining the century-old automaker's new destiny: EVs, EVs, and more EVs. Post-Bolt, GM intends to launch 22 electric vehicles by 2023.
From a consumer point of view, you can't go wrong with either a Leaf Plus or a upgraded, 2020 Bolt. But the Bolt is a smidge better."