A123 Systems

August 17, 2010

Global X Lithium ETF (LIT) Analysis reveals it to be a Battery and Chemicals ETF rather than a Lithium ETF

The ETF does not make much sense for any class of investor.A Lithium investor would be better off investing in Rockwood,SQM and FMC with appropriate offsetting positions in the agri and speciality chemicals sector.A Battery Investor should invest in BYD,A123 Systems,Ener1 etc. rather than Sanyo,Exide and Cosco.Also a lot of the companies in the ETF have never made profits and are high risk in nature while stable holdings like Rockwood,SQM are expensively valued at the moment.I would advise against investing in this pseudo Green ETF which is only masquerading as a Lithium ETF.
August 6, 2010

Is Obama's expectation of a 40% US Marketshare of Vehicle Battery Industry Realistic?

President Obama has said that USA expects to capture 40% global marketshare of the EV/Battery Industry by 2015.This claim is predicated on the Massive Subsidies that […]
July 19, 2010

Green Investing – A New Lithium ETF makes it easy to invest in the "New Oil"

Now it has become easier to invest in this metal with the launch of an ETF dedicated to Lithium alone.This ETF which is being launched by Global X Management with tracks stocks of electric vehicle producers and battery makers.I am not a fan of the Lithium Battery makers or Electric Vehicle producers
May 22, 2010

Reality Check for US Commerce Secretary – USA is already far behind China in Clean Energy

The United States could fall behind China and other countries in clean energy technology unless Congress passes energy legislation, U.S. Commerce Secretary Gary Locke said on […]
May 17, 2010

Lithium Battery Competition for Electric Vehicles gets Intense with Toshiba Entry

The market for making batteries for electric vehicles is seeing more and more entrants making the competition in this nascent sector quite intense.The competition is being […]