Wednesday, September 01, 2021

Investor Ideas #Potcasts 602, #Cannabis News and #Stocks on the Move; (TSX: $VLNS.TO) (OTCQX: $VLNCF), (TSX: $HEXO.TO) (NASDAQ: HEXO), (NEO: MEDI), (CSE: $BHSC.C)

 



Investor Ideas #Potcasts 602, #Cannabis News and #Stocks on the Move; (TSX: $VLNS.TO) (OTCQX: $VLNCF), (TSX: $HEXO.TO) (NASDAQ: HEXO), (NEO: MEDI), (CSE: $BHSC.C)

 

Delta, Kelowna, BC, September 1, 2021 (Investorideas.com Newswire) http://www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca  release today’s podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2021/090121-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cannabis-potcasts/09011VLNS-HEXO-MEDI-BHSC.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

Hear the investor ideas potcast on Spotify

 

Today’s podcast overview/transcript:

 

Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

 

In today’s podcast we look at a few public and private company announcements.

 

BioHarvest Sciences Inc. (CSE: BHSCannounced that it has successfully scaled its Cannabis cells with trichomes production by a factor of 250x and it is now growing Cannabis in medium-scale bioreactors, paving the way for its next scale-up milestone, where it will reach industrial-scale production. The next milestone, combined with the drying and measurement standards being concurrently developed, would constitute the successful completion of the Company's Cannabis development program.

 

Moving to the medium-scale bioreactors stage is not only a critical milestone in the scale-up and the proof of the capability of the BioFarming technology to produce Cannabis biomass, but is also an integral part of the industrial process development itself. The next milestone of the development program is growing Cannabis trichomes in industrial size bioreactors.

 

"The R&D methodology and relentless efforts are paying off," said Dr. Yochi Hagay, CTO, and added, "We are happy to have reached such a critical milestone. The recently announced and proprietary development of the Amalgamated Trichomes Coral Structure (ATCS) has certainly enabled this scale-up progress. As described before, ATCS protects the Trichomes during the growth phase against the shear forces generated by the media fluid motion. Such motion is exacerbated as you increase the size of the bioreactor, and I am confident that ATCS will sustain the forces in the next size of bioreactors, which is the final industrial-scale step. I look forward to announcing the completion of the whole program soon."

 

The CEO, Ilan Sobel, said, "Our industry-leading plant cell biology team is on track to deliver on one of the most challenging plant biological missions of growing cells of Cannabis Trichomes in liquid media at an industrial scale. Completing this mission will pave the way to the commercialization of BioFarming based Cannabis and Hemp products, marking a major turning point for the mainstream adoption of Cannabis by the global food and health sectors. The ability to economically and sustainably produce consistent, clean and pure whole spectrum Cannabis is nothing short of a revolution for the industry."

 

Eitan Popper, Chairman of BHSC's board of advisors and former President and Co-Founder of MedReleaf, stated, "BHSC's R&D team is making meaningful progress every month in the commercial scale-up of their Cannabis production. It is important to note that the most challenging part of the scale-up process is the transition from lab/bench scale to small-scale bioreactors, and then to medium-scale bioreactors. We are eagerly looking forward to the next Cannabis milestone announcement, as we know that it will be meaningful."

 

KetamineOne Capital Limited (NEO: MEDI) (OTC: KONEF), a company focused on consolidating medical clinics and becoming a North American leader in mental health treatments, announced that it has reached a commercial agreement with Cognetivity Neurosciences Ltd. (CSE: CGN) (OTCQB: CGNSF) for Cognetivity’s Integrated Cognitive Assessment to be deployed in Ketamine One’s clinics across North America. The Company and Cognetivity have also entered into a non-binding letter of intent to collaborate on mental health assessments and plan on conducting clinical trials within Ketamine One’s network of clinics.

 

Cognetivity is a technology company that has created a cognitive testing platform for use in medical, commercial and consumer environments. Pursuant to the terms of the Agreement, Ketamine One plans to deploy Cognetivity’s ICA across its network clinics to enable the long-term monitoring of cognitive performance in patients with treatment-resistant depression and post-traumatic stress disorder (“PTSD”). The ICA offers numerous benefits to clinicians, particularly in comparison to traditional, pen-and-paper-based tests. A computerized assessment that takes five minutes, the ICA is user-friendly and exhibits no learning effect upon repeat testing, making it perfectly suited to long-term monitoring.

 

The ICA is also highly sensitive to small changes in cognitive performance and, owing to its computerized nature, is capable of supporting remote, self-administered testing. Assessing individuals’ cognition over the course of their treatment will enable the measurement of treatment efficacy, while empowering patients to take charge of their wellbeing and providing clinicians with additional data to refine treatment and improve outcomes.

 

In addition to the ICA’s deployment in Ketamine One’s clinics, the LOI will see Cognetivity and Ketamine One collaborate on developing and validating next-generation mental health assessment tools to improve the lives of sufferers. The Company believes that Cognetivity offers a unique and technologically advanced assessment tool that can help standardize in clinic procedures and offer a powerful analytical element to Ketamine One’s digital therapeutic platform.

 

It is widely accepted that there is vast potential for improvement in the treatment of such conditions. According to the WHO, mental health disorders account for 28% of the global burden of disability-adjusted life years among non-communicable diseases – more than cardiovascular disease or cancer. Every year, more than 12 billion working days are lost due to mental health conditions, costing the global economy US$16 trillion in economic output between 2011 and 2030. The estimated addressable market size for anxiety disorder and depression treatments is US$238 billion.

 

HEXO Corp. (TSX: HEXO) (NASDAQ: HEXO) and 48North Cannabis Corp. announced that they have completed the previously announced arrangement, pursuant to which HEXO has acquired all of the issued and outstanding common shares of 48North by way of a court-approved plan of arrangement under the Canada Business Corporations Act

.

Under the terms of the Arrangement, each former shareholder of 48North is now entitled to receive 0.02366 of a common share in the capital of HEXO for each 48North Share held immediately prior to the completion of the Arrangement. It is anticipated that the 48North Shares will be de-listed from the TSX Venture Exchange as of the close of trading on or about September 2, 2021.

 

In order to receive the Consideration, registered holders of 48North Shares will be required to deposit their share certificate(s) representing 48North Shares, together with a duly completed letter of transmittal, with TSX Trust Company, the depositary under the Arrangement. Shareholders whose 48North Shares are registered in the name of a broker, dealer, bank, trust company or other nominee should contact their nominee regarding the receipt of the Consideration.

 

Further information about the Arrangement is set forth in the materials prepared by 48North in respect of the special meeting of 48North Shareholders held on August 17, 2021 (the "Meeting"), which were mailed to 48North Shareholders and filed under 48North's profile on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

 

The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF), a leading manufacturer of cannabis products, announced that it has completed a transaction to acquire Verse Cannabis including all of the Verse intellectual property. This acquisition, and Valens' recently announced agreement to acquire Citizen Stash Cannabis Corp., positions Valens as a top tier cannabis licensed producer in the Canadian industry by total provincial listings and market share.

 

Since launching in August 2020, Verse has emerged as a leading cannabis brand with a wide-ranging portfolio that spans all major product categories. Verse has been a pioneer in the value segment starting with its Tropic Lemon 510 thread vape cartridges (including one of the first 1.0g cartridges on the market) and continuing with the recent launch of BC God Bud 28g offering. Today, Verse boasts a number of innovative products in its portfolio such as the Sour Medley and Baked Apple Soft Chews, Double Chocolate Brownie, THC and CBD SoRSE-based drops and the Rapid Tropical Rush beverage to name a few. With over 90 provincial listings across 7 provinces and territories today, Verse offers a wide selection of high-quality products providing consumers an array of cannabis consumption experiences without the uncomfortably high price point. Valens aims to leverage Verse products as its lead value-focused offering within its brand portfolio.

 

Tyler Robson, Chief Executive Officer and Chair of the Board of The Valens Company, said, "The acquisitions of Verse and Citizen Stash were motivated by an underlying desire to become an ally to both our customers and consumers. We believe in creating best-in-class products that consumers deserve in the right way, without ever cutting corners. Whether it's medical or recreational, local or international, third-party owned brands or Valens owned brands, we're pursuing purity in extraction, formulation, product development and testing to bring the benefits of cannabis to the world. The expanded platform we have built at Valens is now positioned to better serve current and future customers and consumers through unique product offerings at attractive price points while maximizing shareholder value through Valens branded products."

 

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.

 

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

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Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news,  third party stock research , guest posts and original  articles and podcasts in leading stock sectors.  Learn about investing in stocks and get  investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.     

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#CryptoCorner #Podcast 665: #Stocks discussed: (CSE: $DIGI.C) (CSE: $BTC.C) (CSE: $GBLC.C)

 



 

 

#CryptoCorner #Podcast 665: #Stocks discussed: (CSE: $DIGI.C) (CSE: $BTC.C) (CSE: $GBLC.C)

 

DigiMax Funds Confirmed for Cayman Islands, Bluesky Releases Q2 Financial Summary, and Graph Blockchain Reports Financials for Fiscal Year

 

Point Roberts, WA, Delta BC September 1, 2021 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2021/090121-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/09011DIGI-BTC-GBLC.asp

 

Get the Crypto Corner Podcast on iTunes

 

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Stocks discussed: (CSE:DIGI) (CSE:BTC) (CSE:GBLC)

 

DigiMax Global Inc. (CSE:DIGI) has received confirmation from the Cayman Islands Monetary Authority (CIMA) to operate one or more segregated funds domiciled in the Cayman Islands. According to the press release, the fund provides “a fully systematic long/short active investment into a basket of cryptocurrencies,” and leverages the company’s AI-powered “CryptoHawk prediction engine, to continuously spot relevant patterns, make decisions and generate accurate price trend change predictions.” DigiMax CEO Chris Carl commented:

 

"Given the results we have seen from CryptoHawk since it was introduced on June 1, 2021, we believe this Crypto Hedge Fund will provide a perfect solution for large investors, family offices and institutions who want to have crypto holdings in their own portfolios. Many of these investors have stayed away from investing in cryptocurrencies due to their high volatility. This Fund provides the perfect solution to this quandary by capturing profits from the high volatility in both up and down momentum markets and returning a more steady, non-volatile monthly return to investors."

 

Bluesky Digital Assets Corp. (CSE:BTC) has released a summary of its unaudited Q2, 2021 Interim Financial Statements for the three and six months ended June 30, 2021. Highlights include a 280 percent increase in the company’s total available cash from $455,610 CAD to $1,734,215 CAD. CEO Ben Gelfand said:

 

"In Q2 the Corporation achieved a 20% increase in Gross Revenue over Q1 totals despite the volatility and decrease in the valuation of crypto currencies that occurred in May and in June of this year. With the stabilization and increases in the values of both Ether and Bitcoin and steady deployment of new mining assets Management, reasonably based on the current trend, expects that the Gross Revenues in Q3 will supersede Q2's totals. For the second half of fiscal 2021, the Management team will continue expansion efforts for the Corporation's Digital Assets Mining operations as well as continuing business diversification efforts with our ongoing research and development."

 

Graph Blockchain Inc. (CSE:GBLC) has reported its financial statements for the year ending April 30, 2021. During the fiscal year, the company announced new management, acquired Babbage Mining Corp. and Beyond the Moon Inc., and art-focused NFT firm New World Inc. Graph’s CEO, Paul Haber, said:

 

"Despite the challenges of the global pandemic, fiscal 2021 was a year of transition and marked numerous milestones for Graph in building the team, raising funds, and adding global companies to enable us to execute our strategic plan. We see evidence of crypto and blockchain technologies moving significantly closer to mass acceptance. Our product lineup especially, POS mining, non-fungible tokens business, have positioned us to enable a company transformation across global markets."

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

The Crypto Corner is part of the Investor Ideas Membership content

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#Automotive #Battery and #EV #Stocks Snapshot (TSXV: $NBM.V) (OTC: $NBMFF) (NYSE: $NIO) (NASDAQ: $TSLA) (NYSE: $F) (OTCQB: $VWAGY) @neo_battery @NIOGlobal @telsa @Ford @VW

#Automotive #Battery and #EV #Stocks Snapshot (TSXV: $NBM.V) (OTC: $NBMFF) (NYSE: $NIO) (NASDAQ: $TSLA) (NYSE: $F) (OTCQB: $VWAGY) @neo_battery @NIOGlobal @telsa @Ford @VW

 

As Auto Industry Faces Chip Shortages- Battery Innovation is on the Rise to meet Next Demand Urgency   

 

Point Roberts WA, Delta, BC – September 1, 2021 - Investorideas.com, a leading investor news resource covering electric vehicle and battery stocks releases a special report featuring NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF), a Vancouver-based resource company focused on battery metals and materials. The continuing panic surrounding semiconductor shortages for automakers will be followed by an urgent demand for battery innovation and supply. This is the next critical issue facing the industry in the future say experts.

 

Read this article, featuring NBM in full at https://www.investorideas.com/news/2021/renewable-energy/09011Automotive-Battery-EV.asp

 

Forbes recently quoted the Center for Automotive Research (CAR report) noting “With the U.S. plan to expand electromobility on a very large scale, the European CO2 (carbon dioxide) regulations and the transition to electric cars in China, the demand for electric cars and thus lithium-ion batteries is increasing significantly,”

 

“As manufacturers scramble to fulfill their ambitious electric car plans there’s a danger of creating an artificial shortage, and of bidding prices too high. VW and Tesla are ahead in the race to make sure crucial supplies are available, while BMW and Mercedes’ parent Daimler are in danger of lagging, according to the report.”

 


Already rising to the occasion, NEO Battery Materials Ltd(TSXV: NBM) (OTC: NBMFF) recently announced that the Company has upscaled the capacity of production from the pilot plant to a semi-commercial scale facility for silicon anode materials manufactured through NEO’s proprietary nanocoating process.

 

From the news: NEO’s semi-commercial plant project is now finalized to produce 120 tons per year, and this is a 12-fold increase from the original capacity (~10 tons per year). Assuming a ratio of 9:1 for graphite to silicon in the anode (a 10% silicon loading), 120 tons per year produced by NEO’s semi-commercial plant is sufficient to supply 40,000 electric vehicles (EVs). The Company is currently in the effort of increasing the silicon content in the anode component by over a 20% loading as a short-term project through controlling volume expansion and solid-electrolyte interphase (SEI) growth. This direction implies that NEO is approaching a 100% silicon anode as the final goal.

 

From the news: NEO has proceeded with this decision to rapidly respond to the demands and requirements of different customers within the lithium-ion battery supply chain for electric vehicles. The ability to upscale the plant size positively indicates the mass production viability of NEO’s silicon anodes. After construction and once processes are optimized, the semi-commercial plant will be able to be readily converted into a commercial-scale facility without substantial modifications.

 

From the news: Mr. Spencer Huh, President and CEO of NEO, commented, “All of the progress are exceeding our expectations and predicted timeline as our team is diligently accelerating our commercialization process. Based on internal sample testing results and the optimization of our manufacturing process, we have validated the ability to upscale from a pilot to a semi-commercial scale facility. Between all management, advisors, and engineers, there is unanimous agreement and great confidence for the mass adoption of NEO’s silicon anodes by the industry. Using the prototype testing results by our NDA partners, we can optimize our processes and material design for more robust and convincing commercial plant.”

 

From the news: Dr. J. H. Park, Director and Chief Scientific Advisor of NEO, added, “The location of the semi-commercial facility is being narrowed down, and the area is expected to be approximately 55,000 square feet with numerous South Korean battery cell and material manufacturers in the proximity. The space of the plant site considers the installation of at least 5 mass-production lines when the semi-commercial plant is fully converted into a commercial facility. With regards to sample testing, the results and due diligence will take on average a month, but we are actively shortening the period through expanding the production capacity of our prototype anodes. We have recently ordered two additional equipment to meet continual demands from third parties.”

 

From the news: Mr. Suk Joong Hwang, Member of the Scientific Advisory Board, has been appointed as the project manager for the semi-commercial plant project. Mr. Hwang has over 20 years of experience in process engineering in the chemical and polymer industry. He specializes in scaling up products from the lab to mass production through pilot and semi-commercial plants.

 

From the news: Mr. Hwang commented, “We are extremely pleased and excited to start NEO’s semi-commercial plant project. From my experience with different projects, the commercialization of NEO’s silicon anodes is nearby. The plant will be designed and constructed for versatility to flexibly respond to and satisfy customers’ detailed needs and specifications. In addition to capacity, the semi-commercial plant will retain the identical technical precision and optimized process as a mass-production commercial facility. The PDP (Process Design Package), which will be completed with the plant’s installation, will be standardized for international use, and this will enable the swift completion and success of future commercial plants in North America.”

 

Evidencing the global growth of EV’s and future battery demands, NIO Inc. (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market in China, delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.

 

Attesting to how the chip shortage is affecting the industry, in a recent Zacks’ articleFord Motor Company (NYSE: F) was reported to be slowing production of its hot-selling F-150 pickup truck and two other vehicles due to the ongoing global crunch in semiconductor supply.

 

The automaker revealed a halt in production at its Oakville Assembly Plant in Canada and Kansas City Assembly Plant in Missouri during the week of August 30. The Oakville plant builds the Ford Edge and Lincoln Nautilus crossovers. The Kansas City facility is responsible for the assembly of the F-150.

 

These latest production cuts are being done to divert its scarce semiconductor supply in order to finish the nearly-completed vehicles awaiting chips so that they can be dispatched to the dealers.

 

During Ford's annual shareholder meeting on May 13, CEO Farley said the company is weighing future strategies to deal with chip woes. Some of these strategies include redesigning car components to work with more accessible chips and cutting supply deals directly with chip foundries.

 

One company that seems to always be one step ahead when it comes to looking for new business vertices and innovation is Tesla. In a recent CNBC articleTesla Inc. (NASDAQ: TSLA) has been reported to be looking to sell electricity directly to customers in Texas, according to an application filed by the company in August with the Public Utility Commission there.

 

The application follows the start of a big battery build-out by Tesla in Angleton, Texas (near Houston), where it aims to connect a 100 megawatt energy storage system to the grid. Texas Monthly first reported on the application, submitted by a wholly owned subsidiary of Tesla called Tesla Energy Ventures.

 

Tesla has also built several utility-scale energy storage systems around the world, including one east of Los Angeles, with another underway in Monterey, California, and two in Australia - one in Geelong, Victoria and another in Adelaide, South Australia.

 

So far Tesla hasn’t functioned as the retail electricity provider but has instead focused on having big batteries built by Tesla to help other companies in energy generation, storage and consumption.

 

There have even been some unforeseen benefits for automakers when it comes to their outdated vehicles such as with Volkswagen. In a recent article from FortuneVolkswagen AG (OTCQB: VWAGY), who has traditionally relied on its heavy-hitting premium brands Audi and Porsche to haul in larger profits time and again, now has competition from the unlikeliest of candidates-the group’s own captive financing business, VWFS.

 

Thanks to a global semiconductor shortage that has depleted stocks of new vehicles and forced consumers to scour used car dealerships for a new ride, the stable but otherwise unspectacular VW subsidiary is cleaning up by selling (or leasing) pre-owned models in a superheated market.

 

Not all carmakers operate their own financing units: the business requires solid credit ratings in order to afford the constant trips to debt markets for fresh funding. Some have opted to partner with more traditional specialists like Santander Consumer USA, an auto loan provider belonging to the eponymous Spanish bank. But for those that do, whether BMW in Germany or Ford in the US, have enjoyed record results at these businesses, just like Volkswagen.

 

“We’ve earned more in the first half of 2021 than in the whole of 2016,” said VWFS Chief Executive, Lars Henner Santelmann in a statement forecasting record profits of €4 billion ($4.7 billion) this year. If it hits that mark, such a bottom-line haul would be equivalent to more than 20% of the VW group's 2019 pre-COVID operating profit.

 

The Volkswagen branD, which builds models such as the Tiguan SUV and Jetta sedaN, could not match this level when it earned a record €3.8 billion in 2019 or with Porsche, the big margin generator in the VW group, which contributed only €4.2 billion in its best year.

 

Recent data published revealed a 25% year-on-year plunge in Germany’s new car market in July. With order books still full, industry insiders said the declines suggest remaining inventories of new cars that helped buttress sales amid the chip shortage have largely been picked clean.

 

As we approach the event horizon of this chip shortage we can expect automakers and battery manufacturers to have all hands on deck when it comes to dealing with this global issue. With headlines like Bloomberg’s “Tight Battery Market Is Next Test for EVs After Chip Crisis,” it is critical for consumers and investors to pay attention.   

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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