Friend: Suggest me a battery stock for long term.

Me: Why do you want to invest in battery stock?

Friend: Future is about EV so.

Me: Good :)

Me: Battery is going to be huge portion in EV price.

[1/n]

2/

Me: Since batteries is going to be major cost component I feel like big companies source raw materials like lithium, Nickel, Iron and setup their own plants for manufacturing those.

I would rather play passive on EV like embedded and IOT devices in EV, Charging stations etc.

3/

Companies like Tesla already have Gigawatt factories and planning to setup Terawatt factory within this decade.

Researching extensively on all life cycles of battery, from structure to packing.

Researching alternatives to lithium batteries, since lithium is scarce.

4/

Already Tesla found few potential replacements for Lithium, working on few challenges that are pised by potential elements and mentioned the same during this year investor meet.

If you guys know Elon then you'll be already knowing that he just doesn't give up.

5/

Indian companies like Tata Chemicals investing 4k Crores for plant and another 500-1000 crores for Battery recycling plant.

Big companies like Maruti already acquired land in Gujarath for this EV purposes.

Hitachi ABB power has fast charging technology.