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Friday, July 23, 2021

#EV #Stocks Leading the way with #Innovation and #Safety; (NYSE American: $KULR) (NASDAQ: $TSLA) (NASDAQ: $ENVX) (NASDAQ: $KNDI) @KULRTech @Tesla @Enovix3D

#EV #Stocks Leading the way with #Innovation and #Safety; (NYSE American: $KULR) (NASDAQ: $TSLA) (NASDAQ: $ENVX) (NASDAQ: $KNDI) @KULRTech @Tesla @Enovix3D   

 

Point Roberts WA, Delta, BC –July 23, 2021 - Investorideas.com, a leading investor news resource covering EV and battery stocks releases a special report on battery technology innovation as EV car manufacturers, electronic device companies and space agencies look for more efficient, safe and effective battery options.

 

Read this article featuring KULR in full at https://www.investorideas.com/news/2021/renewable-energy/07231EV-Battery-Tech.asp

 

In a report on the global lithium battery market, Reportlinker said, “Safety concerns towards lithium-ion batteries is the major challenge faced by the lithium-ion batteries market. Lithium-ion batteries generate large amounts of energy, associated with the risk of explosion or fire.”

 

Continued: “For example, Several Tesla (NASDAQ: TSLAModel S sedans caught fire after battery shield getting damaged by road debris. Therefore, inadequate safety in lithium-ion batteries hindering the lithium-ion batteries market’s growth.”

 

KULR Technology Group Inc. (NYSE American:KULR), a leading developer of next-generation lithium-ion battery safety and thermal management technologies believes they have a solution.

 

At the recently announced ringing of the closing bell on the New York Stock Exchange in celebration of the successful completion of its recent up-listing to the NYSE American exchange,

KULR CEO, Michael Mo said, "We couldn't be more excited about our prospects serving the world of e-mobility and energy storage at a time when the world is entering into an electrification revolution. We will continue to innovate with our space-proven technologies to make batteries and electronics cooler, lighter and safer."

 

From the news: The Company develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. Leveraging the company's roots in developing breakthrough cooling solutions for NASA space missions and backed by a strong intellectual property portfolio, KULR enables leading aerospace, electronics, energy storage, 5G infrastructure, and electric vehicle manufacturers to make their products cooler, lighter and safer for the consumer.

 

KULR’s team has included some top level directors such as Dr. Joanna D. Massey, who joined the Company as an independent director back in February.

 

Dr. Massey has extensive experience advising executive teams at Fortune 500 companies, startups and non-profit organizations. A seasoned C-level communications executive and consultant, she has over 25 years' experience in the media and digital technology industries, strategizing on global brand reputation management as Head of Communications at Condé Nast Entertainment and Senior Vice President of Corporate Communications at Lions Gate Entertainment (NYSE: LGF.A) and at The Hub Network, a joint venture between Discovery, Inc. (Nasdaq: DISCA) and Hasbro, Inc. (Nasdaq: HAS). She also held Senior Vice President positions in communications and media relations at CBS Corporation and Viacom, Inc., now ViacomCBS Inc. (Nasdaq: VIAC). She also previously served as managing director at Golden Seeds, an early-stage investment firm with over $125 million in investment in more than 170 female-run businesses. Dr. Massey currently serves as a corporate consultant working at the intersection of communications and neuroscience with her firm JDMA Inc.

 

General Stayce D. Harris was also recently added to its board of directors. Harris also serves as Chairperson of the company’s Compensation Committee.

 

General Harris is a retired United States Air Force Reserve Lieutenant General who last served as the Inspector General of the Air Force. She previously served as the Assistant Vice Chief of Staff and Director, Air Staff, Headquarters United States Air Force and prior as 22nd Air Force Commander (US Air Force Reserve) at Dobbins Air Reserve Base, GA. Harris made history becoming the first African American woman to command an Air Force operational flying squadron, wing and numbered Air Force and served as the first woman Inspector General of the Air Force.  Harris is an experienced pilot with over 10,000 flight hours safely transporting passengers and cargo worldwide for United Airlines (NASDAQ: UAL) and was a pilot for nearly 30 years before retiring from the company in 2020.

 

Harris serves as a director of The Boeing Company (NYSE: BA), an independent director/trustee, BlackRock Fixed-Income Mutual Funds, and is a member of the board of councilors for Viterbi School of Engineering, University of Southern California, the board of directors for Direct Relief and a trustee of the Falcon Foundation, United States Air Force Academy. 

 

On June 30, 2021, KULR shared its breakthrough recycling and prototype battery transportation solutions with industry and government leaders at the 11th Annual Battery Safety Summit.

 

From the news: KULR recently received two US Department of Transportation (DoT) special permits for the transport of recycled batteries and prototype lithium batteries up to 2.1 kilowatt-hour (kWh). When shipping lithium batteries up to 2.1 KWh, the special permit allows exceptions from shipping papers and employee safety training. The special permit authorizes these exceptions based on using KULR's specially designed thermally protective packaging which incorporates the Company's patented Thermal Runaway Shield (TRS) technology. KULR's special permits mark an important development for the Company as it continues to secure logistical partners for air, maritime, and ground cargo transportation of lithium batteries.

 

From the news: The Thermal Runaway Shield (TRS), has been shown in multiple tests to prevent or minimize the dangerous fires and explosions that can occur after a lithium-ion cell enters into a thermal runaway event. KULR's TRS technology was selected by NASA to transport to and store batteries aboard the International Space Station.

 

Tesla Inc. (NASDAQ: TSLA) has been, for quite some time, one of the few EV companies in town but that is changing as new entrants to market compete. Safety is becoming a larger factor. The regulatory risk in Tesla’s largest market, the US, has heightened considerably given a series of mishaps regarding the safety of Tesla’s EV batteries.

 

A recent article chronicles the tangible rise in concern from the regulatory agencies, culminating with the new 'souped-up' Plaid Model.

 

“Unlike ’19 and ’20, Tesla is far from the only EV in town, be it Boston, Beijing, or Barcelona. There is significant potential for a valuation derating due to sliding market share, particularly from Tesla's main growth vector, China.”

 

The company is expected to publish its Q2 2021 results after the markets close on Monday, July 26. The EV company has already provided delivery figures for the quarter, noting that it sold a record 201,250 vehicles, a sequential increase of 9% and a year-over-year increase of about 130%.

 

The Company plans to open up its network of superchargers to other electric vehicles later this year, CEO Elon Musk said recently on Twitter.

 

Enovix Corporation (NASDAQ GS:ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, recently announced a contract award with General Technical Services under DOTC-17-01-INIT1218 Advanced Power Systems Technologies with the Department of Defense to demonstrate safe and efficient advanced lithium-ion battery technology to the U.S. Army. This contract was awarded in conjunction with Inventus Power, a leading provider of advanced battery and power systems that specializes in the design and manufacture of Li-ion battery packs, smart chargers, and efficient power supplies. The application for the Enovix batteries is the WarFighter centralized power source, used to power worn and carried equipment within the soldier ensemble. Enovix believes that the total U.S. wearable military battery market is approximately $350M annually based on currently established military programs.

 

“President Biden’s recent executive order calls for a comprehensive review of US supply chains to identify vulnerabilities and risks, and lithium-ion batteries are imperative to our military and national security,” said Cam Dales, General Manager and Chief Commercial Officer at Enovix. “In addition to our demonstrated product performance and ability to manufacture at scale, we understand that the Department of Defense greatly values our ability to produce our advanced lithium-ion batteries in the U.S. in order to secure the supply chain for mission-critical power sources to power the most advanced defense force in history.”

 

From the news: US soldiers carry more than 60 pounds of gear including more than 15 pounds of batteries to power critical equipment—from weapons to newer technologies using smartphones, tablets, and GPS—and traditionally those batteries have been developed and sourced internationally. Since 2011, the US Army has been provided with slim and light batteries that can last through a three-day mission, solving two issues that soldiers were previously faced with: carrying too much weight and having an efficient power source.

 

Kandi Technologies Group, Inc. (NASDAQ GS: KNDI), another player in the battery space, recently announced the expansion of its battery cell business with the acquisition of a leading cell producer in Jiangxi Province, China. Kandi is a leader in electric vehicles and associated parts, including the cell business of subsidiary Ankao and the intelligent battery exchange system, so this acquisition is a natural fit to its vertical integration strategy. The company to be acquired, Jiangxi Province Huiyi New Energy Co., Ltd., produces approximately 90 million 18650 lithium-ion rechargeable cells annually. The cells have a variety of applications, especially in consumer products. Kandi intends to further grow its cell business by using the newly acquired technology to address many new applications, eventually including EV battery packs.

 

Mr. Hu Xiaoming, Chairman and CEO of Kandi commented, “With the rapid growth of new forms of electric propulsion mobility, the battery industry is literally in its infancy. Whether it is classic pure-EV automobiles, recreational products like hoverboards, or the air transportation of the future, eVTOLS, the need for powerful, safe, and reliable battery storage will grow exponentially over the coming decades. Kandi already has significant expertise in electric propulsion, so this acquisition is the first step to take our expertise and market presence to the next level. Jiangxi Huiyi is already a high volume, profitable producer. Under Kandi’s ownership, we intend to grow volume and market share by leveraging their technology to address many emerging applications.”

 

CNBC recently reported on some of the recent vehicle fires from the Chevy Bolt EV and Telsa Plaid, saying, “The fire is the most recent to highlight an ongoing concern of automakers and vehicle safety watch dogs as companies release an influx of new electric vehicles in the coming years. Automakers have continually touted the environmental benefits of EVs, however, the lithium-ion batteries that power the vehicles can be dangerous and result in significant chemical fires if something goes wrong.”

 

With so many new electric vehicles, devices and yes...now spaceships all coming down the industrial pipeline at breakneck speed, battery developers are realizing the need to up their game with regards to innovation and efficiency. Safety can no longer take a backseat to speed to market as the number of EV’s coming to market raises serious concerns.

 

For investors following renewable energy and EV/battery stocks, visit the directory of publicly traded stocks https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

 

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#Hydrogen Taking the Lead in #NetZero #CarbonFuture- (TSX: $DYA.TO) (OTCQX: $DYFSF) (NASDAQ: $BLDP) (TSX: $BLDP.TO) (NASDAQ: $PLUG) (NYSE: $RDS-A) @dynaCERT @BallardPwr @PlugPowerInc @Shell

#Hydrogen Taking the Lead in #NetZero #CarbonFuture- (TSX: $DYA.TO) (OTCQX: $DYFSF) (NASDAQ: $BLDP) (TSX: $BLDP.TO) (NASDAQ: $PLUG) (NYSE: $RDS-A) @dynaCERT @BallardPwr @PlugPowerInc @Shell

 

Point Roberts WA, Delta BC, July 23, 2021 – Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issue a sector snapshot on the global role of  hydrogen in a net-zero carbon future, featuring Hydrogen Tech stock dynaCERT Inc. (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJ), a company with seventeen plus years of R&D, scientific knowledge and design advancements within hydrogen generation.

 

Read this article, featuring DYA in full at https://www.investorideas.com/news/2021/cleantech-climatechange/07231Hydrogen-Net-Zero-Carbon.asp

 

Hydrogen tech is gaining momentum globally. Just recently, the US Department of Energy (DOE) announced $52.5 million to fund 31 projects to advance next-generation clean hydrogen technologies and support the DOE’s recently announced Hydrogen Energy Earthshot initiative, to reduce the cost and accelerate breakthroughs in the clean hydrogen sector. Clean hydrogen is a form of renewable energy that—if made cheaper and easier to produce—can have a major role in supporting President Biden’s commitment to tackling the climate crisis.

 

“Part of our path to a net-zero carbon future means investing in innovation to make clean energy sources like hydrogen more affordable and widely adopted so we can reach our goal of net-zero carbon emissions by 2050,” said Secretary of Energy, Jennifer M. Granholm. “These projects will put us one step closer to unlocking the scientific advancements needed to create a strong domestic supply chain and good-paying jobs in the emerging clean hydrogen industry.”

 

It was also recently reported that Saudi Arabia’s oil giant Aramco is stepping up efforts to promote initiatives in hydrogen technology, along with investments to reduce carbon emissions, after a harrowing investor smackdown for Big Oil.

 

Canadian-based dynaCERT Inc. (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJ) has been betting on a hydrogen future for over seventeen years. Their patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency.

 

In a recent interviewJim Payne, CEO of dynaCERT said, "I've always believed in the hydrogens future. This is something that's so readily available, always has been and always will be. If we are ever to achieve, or help the government achieve their zero-emissions goals, I don't know of a better way, whether with fuel cells, or hydrogen combustion engines, but the future is certainly much brighter."

 

Building on their existing expertise in the hydrogen sector, dynaCERT recently announced the appointment of Mr. Stephen Kukucha to its Board of Directors.

 

From the news: “Stephen adds numerous and significant new strengths to dynaCERT’s dedicated team in many aspects of our Carbon Emission Reduction Technology ("HydraGEN™ Technology").”

 

From the news: Stephen has served on numerous industry boards throughout his career in Clean Technology and the New Hydrogen Economy. In Canada, he served as Vice-Chair, Fuel Cells Canada and Chair, Canadian Transportation Fuel Cell Alliance. Stephen is also a Board Member of Sustainable Development Technology Canada, SDTC, which is funded by the Canadian Federal government and invests in Clean Technology in Canada.

 

From the news: As well, Stephen led the External Affairs Group at Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and co-founded both a renewable power company and two strategic advisory firms.

 

Kukucha stated, "The advanced technology of dynaCERT presents a significant opportunity for substantial, near term benefits for both adopters and the environment. I look forward to introducing dynaCERT’s innovative HydraGEN™ Technology solutions and products to leaders in the Logistics, Transportation, Trucking, Rail and Marine Industries. dynaCERT’s technology, software and product solutions can be difference makers as both leading companies and governments work to find solutions to a net-zero economy."

 

Seeing the future, one of the Canadian pioneers in the industry, Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDPrecently announced a rebranding to reflect the next phase of the company's journey as a global provider of zero-emission fuel cell technology. The hydrogen and fuel cell industry has reached an important inflection point with scaled commercialization expected over the next decade. With a leading position in the fuel cell industry, Ballard is forecasting significant growth and development through 2030.

 

From the news: "Since the company's founding in 1979, Ballard has been dedicated to zero-emission energy," said Randy MacEwen, President and Chief Executive Officer. "And, now the global transition to clean energy is clearly underway. With over 30 countries having announced hydrogen strategies, there is a strong commitment globally that hydrogen will play a critical role in the decarbonization of energy, mobility and industry. We are particularly excited with the expected volume adoption of hydrogen fuel cells to decarbonize hard-to-abate mobility sectors, including bus, truck, train and marine applications. As we enter a new era with a growing opportunity set and investment, it is timely for a brand refresh."

 

In alignment with Plug Power’s future clean energy goals, news was released in mid-July stating: “Apex Clean Energy, one of the nation’s largest independent clean energy companies, and Plug Power (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, announced a 345 MW wind power purchase agreement (PPA) and a development services agreement for a green hydrogen production facility.”

 

From the news: The power purchased through the PPA will directly supply a new hydrogen production plant with 100% renewable power. The hydrogen plant, which is being co-developed by Apex and Plug Power, will be the first and largest wind-supplied hydrogen project in the United States and the largest onshore wind-powered project across the globe. Once operational, the plant is anticipated to produce over 30 metric tons per day of clean liquid hydrogen, enough to fuel the equivalent of over 2,000 light commercial vehicles or over 1,000 heavy duty class 8 trucks.

 

Big oil sees the future must include hydrogen as part of their new strategy.  Royal Dutch Shell plc (NYSE: RDS-A) recently reported: “Shell’s first hydrogen refuelling point for buses became operational at Qbuzz bus depot Peizerweg in the province of Groningen in the Netherlands. Shell was appointed by Public Transport Agency OV- bureau Groningen Drenthe to build the subsidy-free hydrogen refuelling point and Shell will also supplies the hydrogen. The hydrogen refuelling point can serve up to 20 Qbuzz hydrogen buses.”

 

From the news: Hydrogen can play a major role in decarbonizing transport and this is a pioneering project at a stage where the hydrogen market and infrastructure are still in their infancy. Shell uses green ‘certified’ hydrogen at the station, until we are able to produce green hydrogen ourselves in the vicinity of the station.

 

Europe is betting big on hydrogen tech according to Euronews.com. “Clean hydrogen will be indispensable in helping decarbonise sectors such as industry, heavy-duty transport, and seasonal storage, according to a report by Hydrogen4EU, a research partnership made up of international organisations and energy giants.”

 

dynaCERT (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJsays its Board of Directors is fully committed to maintaining a Canadian leadership role in the new Hydrogen Economy while collaborating meaningfully with other top-ranked industry leaders. Looking at the global headlines and the strong commitment to a hydrogen future, many potential collaborations are on the horizon.    

 

For investors following renewable energy and hydrogen stocks, visit the directory of publicly traded stocks https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

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Cleantech and Climate Change.

 

Disclaimer/Disclosure: Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact management and IR of each company directly regarding specific questions. Disclosure: dynaCERT is a paid monthly news and publishing client on Investorideas.com. More disclaimer and disclosure info.  Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Thursday, July 22, 2021

#RenewableEnergy #Stock News: Solar Integrated Roofing (OTC: $SIRC) to Acquire #HomeImprovement Marketing Innovator Approved Home Pros; @SIRCStock

#RenewableEnergy #Stock News: Solar Integrated Roofing (OTC: $SIRC) to Acquire #HomeImprovement Marketing Innovator Approved Home Pros; @SIRCStock 

 

EL CAJON, CA / July 22, 2021 / Solar stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated solar and roofing installation company, announced plans to acquire Approved Home Pros, the producer of popular and respected home improvement television and radio shows based around their proprietary Pro Finder contractor screening, vetting and referral service.  The acquisition includes plans to expand Approved Home Pros media and marketing operations to generate a high volume of high value leads for the SIRC family in core categories of Residential Solar and Roofing.

 

Read this news featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/07221SIRC-Home-Improvement-Marketing-Innovator.asp

 

As part of a clear strategy by Solar Integrated Roofing to fuel organic growth, the acquisition is estimated to generate $11 million in added revenue.  This expected growth is due, in large part, to the tremendous synergy between SIRC’s current holdings and Approved Home Pros specialized media content and Pro Finder referral service.  In addition to the impact on revenue from increased SIRC lead volume, Approved Home Pros also generates revenue from leads that are sold to companies in categories not serviced by SIRC. 

 

David Massey, Chief Executive Officer of Solar Integrated Roofing Corp, commented, “Approved Home Pros was a major factor in the sustained growth and brand power of Milholland Electric Inc (acquired by SIRC in 2020).  Now, we can leverage this proven asset to generate added revenue for several of our holdings.  Additionally, Approved Home Pros TV, Radio and Digital platforms provide avenues to deliver the marketing message of all the brands in the SIRC family.”  

 

For almost a decade, Approved Home Pros has provided consumers with tips, advice and inspiration for home improvement and home maintenance via television, radio, and digital platforms.  Consumers in turn use Approved Home Pros “Pro Finder” tool to search for, and connect with, an exclusive group of contractors and products that have passed their proprietary screening and vetting system.  Approved Home Pros founder Sean Johnson will continue as division president following the completion of the acquisition on July 31, 2021.

 

About Solar Integrated Roofing Corporation

Solar Integrated Roofing Corporation is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally. For more information, please visit: www.solarintegratedroofingcorp.com

 

Forward-Looking Statements:

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition, and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

 

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#Battery #Tech #Safety Snapshot (NYSE American: $KULR) (NASDAQ: $TSLA) (NASDAQ: $ENVX) (NASDAQ: $KNDI); @KULRTech @Tesla @Enovix3D

#Battery #Tech #Safety Snapshot (NYSE American: $KULR) (NASDAQ: $TSLA) (NASDAQ: $ENVX) (NASDAQ: $KNDI); @KULRTech @Tesla @Enovix3D   

 

 Evolving from #EV’s to #ElectronicDevices to #Space - Safety Concerns Drive Future Innovation

 


Point Roberts WA, Delta, BC –July 22, 2021 - Investorideas.com, a leading investor news resource covering EV and battery stocks releases a special report on battery technology innovation as EV car manufacturers, electronic device companies and space agencies look for more efficient, safe and effective battery options.

 

Read this article featuring KULR in full at https://www.investorideas.com/news/2021/renewable-energy/07222Battery-Tech.asp

 

In a report on the global lithium battery market, Reportlinker said, “Safety concerns towards lithium-ion batteries is the major challenge faced by the lithium-ion batteries market. Lithium-ion batteries generate large amounts of energy, associated with the risk of explosion or fire.”

 

Continued: “For example, Several Tesla (NASDAQ: TSLA) Model S sedans caught fire after battery shield getting damaged by road debris. Therefore, inadequate safety in lithium-ion batteries hindering the lithium-ion batteries market’s growth.”

 

KULR Technology Group Inc. (NYSE American:KULR), a leading developer of next-generation lithium-ion battery safety and thermal management technologies believes they have a solution.

 

At the recently announced ringing of the closing bell on the New York Stock Exchange in celebration of the successful completion of its recent up-listing to the NYSE American exchange,

KULR CEO, Michael Mo said, "We couldn't be more excited about our prospects serving the world of e-mobility and energy storage at a time when the world is entering into an electrification revolution. We will continue to innovate with our space-proven technologies to make batteries and electronics cooler, lighter and safer."

 

From the news: The Company develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. Leveraging the company's roots in developing breakthrough cooling solutions for NASA space missions and backed by a strong intellectual property portfolio, KULR enables leading aerospace, electronics, energy storage, 5G infrastructure, and electric vehicle manufacturers to make their products cooler, lighter and safer for the consumer.

 

KULR’s team has included some top level directors such as Dr. Joanna D. Massey, who joined the Company as an independent director back in February.

 

Dr. Massey has extensive experience advising executive teams at Fortune 500 companies, startups and non-profit organizations. A seasoned C-level communications executive and consultant, she has over 25 years' experience in the media and digital technology industries, strategizing on global brand reputation management as Head of Communications at Condé Nast Entertainment and Senior Vice President of Corporate Communications at Lions Gate Entertainment (NYSE: LGF.A) and at The Hub Network, a joint venture between Discovery, Inc. (Nasdaq: DISCA) and Hasbro, Inc. (Nasdaq: HAS). She also held Senior Vice President positions in communications and media relations at CBS Corporation and Viacom, Inc., now ViacomCBS Inc. (Nasdaq: VIAC). She also previously served as managing director at Golden Seeds, an early-stage investment firm with over $125 million in investment in more than 170 female-run businesses. Dr. Massey currently serves as a corporate consultant working at the intersection of communications and neuroscience with her firm JDMA Inc.

 

General Stayce D. Harris was also recently added to its board of directors. Harris also serves as Chairperson of the company’s Compensation Committee.

 

General Harris is a retired United States Air Force Reserve Lieutenant General who last served as the Inspector General of the Air Force. She previously served as the Assistant Vice Chief of Staff and Director, Air Staff, Headquarters United States Air Force and prior as 22nd Air Force Commander (US Air Force Reserve) at Dobbins Air Reserve Base, GA. Harris made history becoming the first African American woman to command an Air Force operational flying squadron, wing and numbered Air Force and served as the first woman Inspector General of the Air Force.  Harris is an experienced pilot with over 10,000 flight hours safely transporting passengers and cargo worldwide for United Airlines (NASDAQ: UAL) and was a pilot for nearly 30 years before retiring from the company in 2020.

 

Harris serves as a director of The Boeing Company (NYSE: BA), an independent director/trustee, BlackRock Fixed-Income Mutual Funds, and is a member of the board of councilors for Viterbi School of Engineering, University of Southern California, the board of directors for Direct Relief and a trustee of the Falcon Foundation, United States Air Force Academy. 

 

On June 30, 2021, KULR shared its breakthrough recycling and prototype battery transportation solutions with industry and government leaders at the 11th Annual Battery Safety Summit.

 

From the news: KULR recently received two US Department of Transportation (DoT) special permits for the transport of recycled batteries and prototype lithium batteries up to 2.1 kilowatt-hour (kWh). When shipping lithium batteries up to 2.1 KWh, the special permit allows exceptions from shipping papers and employee safety training. The special permit authorizes these exceptions based on using KULR's specially designed thermally protective packaging which incorporates the Company's patented Thermal Runaway Shield (TRS) technology. KULR's special permits mark an important development for the Company as it continues to secure logistical partners for air, maritime, and ground cargo transportation of lithium batteries.

 

From the news: The Thermal Runaway Shield (TRS), has been shown in multiple tests to prevent or minimize the dangerous fires and explosions that can occur after a lithium-ion cell enters into a thermal runaway event. KULR's TRS technology was selected by NASA to transport to and store batteries aboard the International Space Station.

 

Tesla Inc. (NASDAQ: TSLA) has been, for quite some time, one of the few EV companies in town but that is changing as new entrants to market compete. Safety is becoming a larger factor. The regulatory risk in Tesla’s largest market, the US, has heightened considerably given a series of mishaps regarding the safety of Tesla’s EV batteries.

 

A recent article chronicles the tangible rise in concern from the regulatory agencies, culminating with the new 'souped-up' Plaid Model.

 

“Unlike ’19 and ’20, Tesla is far from the only EV in town, be it Boston, Beijing, or Barcelona. There is significant potential for a valuation derating due to sliding market share, particularly from Tesla's main growth vector, China.”

 

The company is expected to publish its Q2 2021 results after the markets close on Monday, July 26. The EV company has already provided delivery figures for the quarter, noting that it sold a record 201,250 vehicles, a sequential increase of 9% and a year-over-year increase of about 130%.

 

The Company plans to open up its network of superchargers to other electric vehicles later this year, CEO Elon Musk said recently on Twitter.

 

Enovix Corporation (NASDAQ GS:ENVX), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, recently announced a contract award with General Technical Services under DOTC-17-01-INIT1218 Advanced Power Systems Technologies with the Department of Defense to demonstrate safe and efficient advanced lithium-ion battery technology to the U.S. Army. This contract was awarded in conjunction with Inventus Power, a leading provider of advanced battery and power systems that specializes in the design and manufacture of Li-ion battery packs, smart chargers, and efficient power supplies. The application for the Enovix batteries is the WarFighter centralized power source, used to power worn and carried equipment within the soldier ensemble. Enovix believes that the total U.S. wearable military battery market is approximately $350M annually based on currently established military programs.

 

“President Biden’s recent executive order calls for a comprehensive review of US supply chains to identify vulnerabilities and risks, and lithium-ion batteries are imperative to our military and national security,” said Cam Dales, General Manager and Chief Commercial Officer at Enovix. “In addition to our demonstrated product performance and ability to manufacture at scale, we understand that the Department of Defense greatly values our ability to produce our advanced lithium-ion batteries in the U.S. in order to secure the supply chain for mission-critical power sources to power the most advanced defense force in history.”

 

From the news: US soldiers carry more than 60 pounds of gear including more than 15 pounds of batteries to power critical equipment—from weapons to newer technologies using smartphones, tablets, and GPS—and traditionally those batteries have been developed and sourced internationally. Since 2011, the US Army has been provided with slim and light batteries that can last through a three-day mission, solving two issues that soldiers were previously faced with: carrying too much weight and having an efficient power source.

 

Kandi Technologies Group, Inc. (NASDAQ GS: KNDI), another player in the battery space, recently announced the expansion of its battery cell business with the acquisition of a leading cell producer in Jiangxi Province, China. Kandi is a leader in electric vehicles and associated parts, including the cell business of subsidiary Ankao and the intelligent battery exchange system, so this acquisition is a natural fit to its vertical integration strategy. The company to be acquired, Jiangxi Province Huiyi New Energy Co., Ltd., produces approximately 90 million 18650 lithium-ion rechargeable cells annually. The cells have a variety of applications, especially in consumer products. Kandi intends to further grow its cell business by using the newly acquired technology to address many new applications, eventually including EV battery packs.

 

Mr. Hu Xiaoming, Chairman and CEO of Kandi commented, “With the rapid growth of new forms of electric propulsion mobility, the battery industry is literally in its infancy. Whether it is classic pure-EV automobiles, recreational products like hoverboards, or the air transportation of the future, eVTOLS, the need for powerful, safe, and reliable battery storage will grow exponentially over the coming decades. Kandi already has significant expertise in electric propulsion, so this acquisition is the first step to take our expertise and market presence to the next level. Jiangxi Huiyi is already a high volume, profitable producer. Under Kandi’s ownership, we intend to grow volume and market share by leveraging their technology to address many emerging applications.”

 

CNBC recently reported on some of the recent vehicle fires from the Chevy Bolt EV and Telsa Plaid, saying, “The fire is the most recent to highlight an ongoing concern of automakers and vehicle safety watch dogs as companies release an influx of new electric vehicles in the coming years. Automakers have continually touted the environmental benefits of EVs, however, the lithium-ion batteries that power the vehicles can be dangerous and result in significant chemical fires if something goes wrong.”

 

With so many new electric vehicles, devices and yes...now spaceships all coming down the industrial pipeline at breakneck speed, battery developers are realizing the need to up their game with regards to innovation and efficiency. Safety can no longer take a backseat to speed to market as the number of EV’s coming to market raises serious concerns.

 

For investors following renewable energy and EV/battery stocks, visit the directory of publicly traded stocks https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

 

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