Really good read and an incredibly exciting topic.
Electrification (especially when combined with storage) feels like one of the most underappreciated long-term shifts right now, particularly in emerging markets.
You mention that you looked at several companies across the value chain and ended up choosing CATL due to its position in a key choke point. Out of curiosity.. 😁 Which other 3 companies made it furthest in your selection process, and what ultimately made you pass on them?
Would be super interesting to understand how you evaluated the different layers of the value chain and what other companies you see taking advantage of the shifts towards electrification 🙌🏻
Emerging markets will be a massive driver of electrification (transportation + solar/battery) and not talked much about in the the US/Europe because our focus is on AI and our internal political divides.
The three other companies we looked at were Nextpower, Schneider Electric and ABB. In the end, we came to the conclusion that CATL has the highest total addressable market and has the strongest superpowers driving a stronger competitive advantage over time.
Another, and much more important, crisis brewing at the edge of the war in Iran is the price of ammonia which goes straight into fertilizer production and value chain of global food production.
Really good read and an incredibly exciting topic.
Electrification (especially when combined with storage) feels like one of the most underappreciated long-term shifts right now, particularly in emerging markets.
You mention that you looked at several companies across the value chain and ended up choosing CATL due to its position in a key choke point. Out of curiosity.. 😁 Which other 3 companies made it furthest in your selection process, and what ultimately made you pass on them?
Would be super interesting to understand how you evaluated the different layers of the value chain and what other companies you see taking advantage of the shifts towards electrification 🙌🏻
Thanks for your kind words Mads.
Emerging markets will be a massive driver of electrification (transportation + solar/battery) and not talked much about in the the US/Europe because our focus is on AI and our internal political divides.
The three other companies we looked at were Nextpower, Schneider Electric and ABB. In the end, we came to the conclusion that CATL has the highest total addressable market and has the strongest superpowers driving a stronger competitive advantage over time.
Another, and much more important, crisis brewing at the edge of the war in Iran is the price of ammonia which goes straight into fertilizer production and value chain of global food production.