The Next Apple, Microsoft Or Amazon?

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A brand we will all know in the future and will be one of the top earning companies in the world with what they have developed. They were only founded as a company in 2012 based in Tel Aviv and have been off the radar until recently.

We have seen how technology has changed many things in our world over the last 30 years with things like the internet and mobile phones. In that time period we saw companies jump out of nowhere and become major players in the world as we know it. Some started off strongly and never kept up with the times like Nokia and have slowly disappeared. Possibly they will return at some point but who knows.

The next biggest change for everyone has to be moving from fossil fueled driven cars to electric power. The problem is the the technology is not quite ready and this is an opportunity for companies to get involved by backing the right horse. Companies like BP have to find which horse that is as their business future looks bleak. Everyone is investing buying shares thinking like companies such as Tesla are a golden ticket to dreamland. They probably are but companies that supply certain products so these dreams can happen are more important in my thinking.


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I was reading an article about an Israeli company called Storedot that develops batteries. They are no ordinary company and develop fast charging devices and were the ones that came up with a cell phone battery that charged in 30 seconds. The company was founded in 2012 and ha the prototype phone battery within 2 years due to certain investors backing them like Samsung and Daimler (Mercedes).

What was interesting to read is BP invested in Storedot in 2018 and they have since managed to create a car battery that takes only 5 minutes to charge. They have developed this alongside a Chinese battery company called Eve Energy. This is a game changer for the car industry as the biggest problem was the range and the time it took for the battery to charge. Another player on board is Nissan with their chemical division and not surprisingly in the pound seats to take advantage of batteries for their cars.

What I find interesting is how the likes of BP are changing tactics covering their bases as a company. Instead of cursing their bad luck having their industry slowly die out they have taken the only choice open to them and that is to be part of the future.

Another company that I recognized as an investor in Storedot from the years gone by was TDK which manufactured cassette tapes which many of us over 45 years of age remember for our walkmen. They are involved with data storage these days and are not a household name like they once were.

Tesla look as though they have missed the boat as according to the news they approached them only recently and why would they share their product with a competitor as Daimler and Nissan would have a big say being part of the board of Storedot. This could take Tesla years to solve the battery problem giving the inside manufacturers like Nissan and Daimler Mercedes a head start.

This hasn't cost the comapnies involved a fortune either as BP paid a reported $20 Million as their buy in investment. There is risk involved with any new startups and this one seems to have paid off handsomely. having the same time to charge a car as it would to fill up at the pump this could see the industry go through a massive change very quickly.

Tesla models depending on the battery take between 6 and 12 hours to charge and will Storedot share their technology with other manufacturers? Obviously it is something that is patented as they have gone a different route entirely compared to all the others. They have replaced the graphite conductors with nano particles based on geranium which will then be replaced with silicon at some point. No one else is doing this and is the game changer.

I have been looking for investment news and can only find how much the investors have ploughed in so far being $156 Million. The company is privately owned and has no public offerings. The companies at the head of the queue are the ones who invested from the outset and are looking like the obvious winners so far. This is like being involved in Apple from day one and we all know what happened later on.

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That is pretty awesome what they are accomplishing. It is going to take a big marketing push to get them out there as a household name. I think the big thing Tesla has going for them is they make their own batteries so the names are synonymous. Something like this that will be a component of a larger model will be harder to push. Maybe one day people will buy a specific brand of car simply because of the battery that it has. That would be really great. We have a couple major battery manufacture and development plants in the town where I grew up. Just recently they have really grown their footprint by building new plants and offices.

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I think it would happen virtually overnight with the names behind them. Being the only battery to charge within minutes is a pretty big thing and I wouldn't personally share the info with tesla so I am curious what they do. More customers will buy a car that can take minutes to charge over ones that take hours. This technology took this company 8 years from scratch to develop and depending where Tesla are it could still be years away.

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I agree with you, I was just pointing out the name recognition is going to be with the car that can charge that fast, not necessarily with the battery inside of it. That's just my thinking. I could be totally wrong. It won't be the first time and surely won't be the last! :)

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Yes That will be the case. Owning a car that doesn't change what you do now is what everyone wants. Stopping at a service station and charging your car for 5 minutes seems is no different from now with what we do with the fuel pumps. Suddenly the ranges have been extended on what one can achieve within a day as having a limit with a 6 hour stop was not exactly technology breaking. Nissan and Daimler Mercedes will definitely have the upper hand right now with demand depending if a deal is done with Tesla or not. Will they do that deal or not is the big question I have.

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it is weird how are we coded, reading the title and the name i thought about data storage :)

better battery will change the world for sure.

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Yes you would never put two and two together and come up with a battery by this name but it does make sense. This will change many things. Their phone battery I have not seen available on the Samsung phones even though it was developed 4 years ago. Tis tells me they are that far ahead of everyone and have started production already. Not sure if it is with the phone or car battery, but it must be the phone as they still want to introduce silicon instead of the graphite nodes. Maybe on the smaller phone battery it is easier to test first and why Samsung will jump ahead of their rivals again. Tying up patents takes time as well making sure their technology cannot be replicated.

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damn i didn't know about that company at all especially the connection with TESLA!

also a quick reminder: vote leofinance as a witness if you want! i just try to raise more awareness because they are at 32 positions right now while they have the fastest development in every aspect! the goal is for them to become one of the top 20 witnesses, they will have more "power" and influence that way

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The funny thing is there is no connection with Tesla and could be a huge problem for Tesla now. Not having this battery does change things in favor of Nissan and Mercedes.

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A 5 minute charge makes electric cars 100% practical. Stop, plug in, take a wiz... unplug and go. I may have to look into StoreDot some more.

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The only question that remains is if these batteries contain one of the rarest substances on earth that most other batteries are made of or if they used something else. That is something that has always concerned me about conversions to electric energy. The green people harp on about the scarcity of fossil fuels and how we will eventually run out of it but lithium is far more scarce than oil!

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