"The revolution in cars will be tied closely to the revolution in battery technology. Changes will be coming, and coming fast. Exciting times are on the horizon. People with prepared minds as this change happens, will do very well."
Years ago, when I worked at Ecolab, I was responsible for the procurement of all electronic devices for the company. One of the biggest items I bought was the wireless tablets the service techs to use when out on calls. Fujitsu Corporation from Japan made the tablets. They needed robust batteries to last all day with numerous stops and changeable weather.
Ecolab had quarterly reviews with Fujitsu. At one of our reviews, I brought up the battery issue. Why Fujitsu could not make a battery which was better than the one they were selling Ecolab. We got into a very good exchange of information (I knew a bit about batteries and capacitors from my time at FMC), but more information was needed. They agreed to fly Fujitsu's battery expert out of Tokyo to attend out next quarterly meeting. We agreed to carve out one entire day just for battery discussions.
As much as I thought I knew about batteries and where the technology was at that time was dwarfed by this gentleman from Japan. He took myself and the rest of the team to school. Fujitsu, like many technology companies, knew there are huge rewards for companies who can make the next leap in battery technology. Fujitsu at that time, was looking to get order(s) of magnitude better with their battery technology.
If you are looking for stocks to invest in, any company who makes batteries or capacitors might be the right place to park. The developing market for driver-less cars will take batteries - lots and lots of large and robust batteries. There will be a large market for batteries and capacitors to be used in houses which employ the new types of solar collectors. New batteries will be needed for cell phones, which can stay charged for a week or more, no matter how many apps are running at once.
It is funny. In the paper this morning, the long awaited admission by our government concerning the incredible amount of shale oil we have in this country was revealed. I have known about this for years, thanks to my best man who is in the oil business. The good news - we have hundreds of years of supply of this stuff. The bad news - the market for petrol products will start to as with the new battery powered cars coming to market.
Yesterday afternoon, I wrote about Bob Lutz. How he believes the next generation of cars (driver-less) is upon us, and the transition is already starting. There was no hesitation in his voice. No if, ands or buts. He was as sure of this new technology as the sun rising in the East tomorrow.
The revolution in cars will be tied closely to the revolution in battery technology. Changes will be coming, and coming fast. Exciting times are on the horizon. People with prepared minds as this change happens, will do very well.