General Category > EV Stocks

Battery Stocks report earnings soon

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skadamo:
http://www.fool.com/investing/general/2011/01/31/dont-get-hopes-up-for-battery-makers.aspx?source=isesitlnk0000001&mrr=1.00


--- Quote ---It was a tough year for those who hoped electric vehicles would ramp up production in 2010. As vehicle delays hit manufacturers, battery makers were struck especially hard by the lack of demand for their products. This week the first battery maker to report fourth quarter earnings will give us some insight into how 2011 is shaping up.

--- End quote ---
Read more here...
http://www.fool.com/investing/general/2011/01/31/dont-get-hopes-up-for-battery-makers.aspx?source=isesitlnk0000001&mrr=1.00

Valance, A123, Advanced Battery Technologies and Ener1 report earnings this week.

Richard230:
I don't think anyone in the EV manufacturing chain is going to get rich making EVs at this early stage of the market - unless oil suddenly becomes scarce, like happened in 1974.

The other problem they will have until the market matures, is the "rubber-banding" effect, where the market and technology will result in constant shortages and then over-supply of batteries and EV specialized equipment - until the market finally levels off to something predicable year after year. My guess is that it is going to take a long time for things to settle down. Just think about the computer industry and the advances that are made every year. Not much settling-down there.

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