Recently, battery stocks have become a hot target for investors. In the last week of January alone, two companies announced a merger with SPAC (special purpose acquisition companies, special purpose companies) to achieve the purpose of backdoor listing. On January 29, European battery manufacturer FREYR announced that it would seek a backdoor listing worth US$1.4 billion. Microvast is a Houston-based startup company owned by Micromacro Dynamics in Huzhou, Zhejiang. The company also announced plans to conduct a backdoor IPO on February 1, with a valuation of up to $3 billion.

Although the total valuation of the two companies is 4.4 billion U.S. dollars, their annual revenue is only slightly more than 100 million U.S. dollars (FREYR does not even produce batteries). If the demand for batteries is not so great, then such a high valuation would be absurd.

Electric vehicles are increasing

Established automakers such as General Motors and Ford have spent billions of dollars to switch to electric vehicles. Last year, General Motors stated that it would spend $27 billion in electric vehicle development and automation technology over the next five years.

Ford Motor 2021 ad: “30 new electric vehicles will be launched by 2025.”

At the same time, many new entrants are preparing to start mass production or expand production. For example, Rivian, known as one of the “troikas” of new American-made cars, will deliver a new electric delivery truck this summer. Amazon, which led Rivian’s investment, also ordered thousands of electric delivery trucks.

Even the US government is also helping. Last week, Biden announced that the U.S. government would replace cars, trucks and SUVs in the federal fleet with electric vehicles made in the U.S. More than 640,000 vehicles. This means General Motors and Ford, as well as other American companies entering the market, such as Rivian, Tesla…

Eodem tempore multae megalitates in mundo machinas proprias electificationis consilia disponunt. Secundum investigationis relationem a Regia Canada, finis Shanghai est vehiculis electricis pro dimidia parte omnium novorum carrorum ab 2025 emere, ac nullae emissiones, taxis, vans et vehiculis regiminis.

Sinis aurum refrenantem

Sinae una est maxima mercatus electrici mundi et eius consilia longe ante ceteros mundi sunt.

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Forsitan una ex causis cur Weihaohan tam ingens capitis iniectio acceperit, est eius ingens lucrum potentiale in mercatu electrico Sinensi in vehiculo. Includunt OshkoshCorp. BlackRock est recensita societas collocationis administrationis cum mercatu uncialium US$867 sescenti; the Koch Strategic Platform Company (kochstrategic suggestus) et fiscus aequitatis privatae societas administrationis interPrivate.

Fiducia horum novorum incolarum ex angulari lapide obsido Weibo-CDH in Capital et CITIC Securitates venire potest. Ambae societates sunt societates privatae aequitatis et officia nummaria cum opibus Sinensium.

Hac de causa societas vehiculis commercialibus et industrialibus versatur. Microvast credit commercium electrica vehiculi mercatus mox $30 miliardis perventurum esse. In praesenti, venditio vehiculorum electrica commerciali rationem tantum 1.5% mercatus est, sed societas credit ab 2025, ratem penetrationis eius ad 9% ascendere.

Microvast Praeses Yang Wu dixit: “In 2008, incepimus cum altilium technicae turbulentos et adiuvisti campum mobilem vertere.” Haec ars electricis vehiculis efficit ut certatim cum machinarum combustionibus internis. Cum ergo tres generationes machinarum machinarum transmutavimus. Plus annis, nostra pugna peractio longe melior est nostris competitoribus, feliciter occurrens duris postulationibus clientium mercatorum nostrorum vehiculorum pro batteries. ”

Explore the European market

Si Sinenses investitores fortunam ex enumeratione Weiju facere intendunt, seriem obsidum Americanorum et gigas Iaponicae enumerationem FREYR cupide exspectant. Northbridge Venture Partners (Northbridge Venture Partners), CRV, Itochu Corporation (Itochu Corp.), International Corporation (Oeconomica International Corp.). Utraeque turmae proderunt, etiamsi obsides in FRYR non directi sunt.

These four companies are all shareholders of 24M, a developer of semi-solid technology. FREYR uses battery manufacturing technology authorized by 24M, a company headquartered in Boston.

However, Jiang Ming, a Chinese American and professor who has continuously started a business, will also benefit from the listing of FREYR. He wrote a history of development and innovation in the fields of battery and materials science.

Pro praeteritis XX annis, hic professor MIT technologiae evolutionis sustinendae studebat, primum in A20, quondam splendida lithium altilium societatis, deinde 123D societas typographica DesktopMetal, et semi-solidum lithium altilium technologiae evolutionis societatis 3M. , FormEnergy, energia repositionis ratio de consilio societatis, et BaseloadRenewables, alia industria reposita startup.

Last year, DesktopMetal went public through SPAC. Now, with the influx of funds into 24M’s European partner FREYR, 24M’s potential remains to be developed.

FREYR, societas Norvegiae, consilia quinque plantas altilium in regione aedificare et 430 GW capacitatem machinae mundae in quattuor annis proximo praebere.

Pro Tom Jensen, praeses FREYR, 24m technologiae duo praecipua commoda habet. “Unum est ipsum processum productionis,” dixit Jensen. Processus 24M electrolytici cum materia activa miscere est ut electronici crassitudinem augeat et materias otiosas in pugna minuat. “Aliud est quod cum gravida lithium traditum comparatum est, a 15 ad 5. vestigia fabricationis traditae reducere potes.”

The combination of such a high production efficiency and the increase in battery capacity has brought another subversive optimization of the process of lithium battery manufacturers.

Societas 2.5 miliarda dollariorum indiget ut consilium suum plene cognoscat, sed unda vehiculorum electrica adiuvari potest FRYR, Jensen dixit. Societas cum Alussa Energy in SPAC forma confundi parat, quae administrationi et inquisitionis Dicasteriorum Koch, Glencore et Fidelitatis sustentatur.

perago

Mense Decembri 2020, Regius Bank of Canada investigationem famam de industria electrici vehiculi dimisit. Renuntiatio dixit per 2020, exspectamus vehiculis electricis pura ad rationem 3% mercati, et obturaculum in vehiculis hybridis ad rationem 1.3%. Hi numeri non multi videntur, sed eos celeriter crescere videbimus.

By 2025, if the electric vehicle policy is maintained well, the global penetration rate of pure electric vehicles will reach 11% (compound annual growth rate: 40%), and the global penetration rate of plug-in hybrid vehicles will reach 5% (compound annual growth rate) Rate: 35%).

Per 2025, penetratio rate vehiculorum electricorum in Europa occidentali ad 20%, 17.5% in Sinis et 7% in Iunctus Civitas perveniet. E contra, mixtum annuum incrementum rate cinematographicorum traditorum diesel tantum 2% est; in uno vehiculo innititur, numerus cinematographicorum Diesel in 2024 apicem suum attinget.