$250,000,000 in some Asian lithium-ion electric car company
Warren Buffett astounded the market back in September 2008 when he announced that he was investing $250 million in a Chinese electric car company.
It was stunning because Buffett seemed to violate one of his own rules of investing: Invest in companies you understand.
He was almost excited to tell people that he made an investment he knew nothing about. But the reason for that was his intuition and fellow feeling of where the lithium-ion industry would be strongest.
So why did he invest?
Like I said, he knew that the electric car industry would be the main users of lithium-ion batteries, and a car would need a lot of them.
Rather than investing into a company like Ford or GM, you invest in the main fixings of the cars power “Lithium Batteries” instead of oil.
Doesn’t that make sense? Why invest in an engine, when you can invest in what the engine gets its power from. SMART AH!
The play specifically, is a tiny mining outfit that currently trades for around $1.00 a share.
Today there are many lithium stocks out there that will never be able to produce battery grade lithium. This specific lithium stock has the best battery grade lithium in North America.
Learn all about this lithium stock and why it’s set to skyrocket in our new report The Best Way To Profit from the Lithium Bull Market, by signing up below.
So what is standard battery grade lithium (SBGL)? SBGL is a lithium carbonate manufactured for solid ion conductors and monocrystals used in the electronics industry. This carbonate is a source of a raw material for the production of cathode material used in lithium ion batteries (lithium cobalt oxide, lithium manganese oxide).
Please Visit 3v Lithium Battery For The Best Quality Lithium Batteries On The Market
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