Chevy Volt investment plays
It's the battery, babyLast night Bob Lutz was on Fast Money to discuss how the Chevy Volt might change the auto industry.
Unfortunately, the Volt wasn't enough to inspire the crew to buy GM stock just yet.
However, Tim Seymour called out Panasonic and its partnership with Sanyo as a way to play the "secret sauce" of the plug-in vehicle, the lithium-ion battery. Overall, Seymour claimed that the Asians dominate this space, and in addition to Panasonic, he also mentioned Samsung and LG.
However, Tim Seymour called out Panasonic and its partnership with Sanyo as a way to play the "secret sauce" of the plug-in vehicle, the lithium-ion battery. Overall, Seymour claimed that the Asians dominate this space, and in addition to Panasonic, he also mentioned Samsung and LG.
Unfortunatley, Seymour didn't go into whether investors should invest in LG directly, for instance, or more directly in LG Chem, or even Compact Power, the LG Chem subsidiary directly involved in the Chevy Volt.
Labels: chevy volt, green investing, lithium
posted by Dahcredyns @ 3:33 PM
1 comments
1 Comments:
Indigo Incarnates
Who needs to directly invest in GM when Bob Lutz can just fly down to Washington DC every 3-6 months and extort a few more billion in taxpayer money?
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