Dr_sfzed

Is China BAK Battery Just What the Hybrid Vehicle Market Needs?

CBAK is interesting because China is itself much more tuned in to global warming and alternative energy than are most other countries - e.g. the USA. Of particular note:
1) China has ramped up electric bicycle production to lofty levels, using almost entirely lead-acid - this will be a huge conversion market, ready made, as those lead acids wear out every year, and they don't have the same safety problems as autos. China is also working on hybrid cars/trucks - watch the olymipics, for example.
2) Today, Lithium is sold mostly by Chile, at high prices. Lithium is most effectively mined from alkali lakes - of which West China has an abundance. China is rumored to be bringing Lithium production on line for a dramtic lowering of price to companies like CBAK.
3) CBAK is gaining market share at the cost of margin - a margin dictated by Lithium price. Need I say more?

I own CBAK stock for these reasons.