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AGORACOM NEWS FLASH

BREAKING: Spyder Cannabis Enters into MOU with HighBreed Growth Corp. for a Proposed Reverse Takeover Transaction

  • Through its Israeli subsidiary HighBreed Growth Ltd., is building a cannabis cultivation greenhouses facilities in Israel with a total planned size of 500,000 square feet.
  • HBGC has signed domestic sale contract with an entity to purchase its production capacity
  • Israeli government announced that it would approve cannabis for export in 2019, and regulations are expected to be enacted in the 2nd quarter of 2020 to authorize export

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Hub On AGORACOMRead Release

Message: The coming tsunami of electric car demand will need many more anode megafactories

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The coming tsunami of electric car demand will need many more anode megafactories and graphite

Most investors don’t yet understand the tsunami of electric car demand that is just around the corner. Bloomberg New Energy Finance forecasts that by 2020 there will be over 289 different models of electric cars. Just recently Bloomberg has revised their targets now saying the same as I have said for the past 3 years. Bloomberg now says by 2022 electric cars will become price competitive with conventional cars. Previously they said by 2025. Even Volkswagen predicts that EVs will go mainstream in 2022.

By 2022 an electric car should be cheaper than a conventional car, and will be up to 10x cheaper to fuel, and up to 10x cheaper to maintain. At this point electric car sales will go through the roof as buyers will be significantly better financially owning an electric car.

Majority of British car owners say they would consider buying an electric vehicle as their next car. Analysts continue to upgrade their forecasts for electric car penetration rates, the latest is JP Morgan. CNBC reported that JP Morgan forecasts “electric cars would take 35 percent of the global market by 2025 and 48 percent by 2030.”

After 2022 massive electric vehicle (EV) demand will lead to long electric car waiting lists, shortages of batteries, and shortages of key EV materials such as lithium, cobalt, nickel, and graphite. The EV battery materials supercycle will have begun.

 

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