One Car company You Have Never Heard of Could Easily Use 13.9 Million Ounces of Silver per Year
Now do the math on Subaru, Honda, Toyota, Volkswagen, Tesla, BMW, Range Rover, Volvo, Hyundai, Kia and hundreds of other brands. Now add up Trucks, Vans, Busses, Ships, Barges ...Got Silver?
The premise is that if you build a better mousetrap then people stop using the bad mousetrap. Fax machines gave way to email. Pagers gave way to mobile phones. Typewriters gave way to computers. Kerosene lanterns gave way to electrical lamps, etc
BYD achieved remarkable sales in September 2024, delivering a record-breaking 419,426 New Energy Vehicles (NEVs)
This represents a 45.91% increase year-over-year and a 12.42% rise from August 2024.
The company's performance was driven by strong growth in both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs).BYD sold 164,956 passenger BEVs, up 9.1% year-over-year, and 252,647 passenger PHEVs, an impressive 86.17% increase compared to the previous year.
The Song family continued to be the top-selling BYD lineup, with a record 89,135 vehicles sold in September.
Other popular models included the Qin family (75,785 units) and the BYD Seal (58,285 units)The company's global expansion is gaining momentum, with overseas sales reaching 33,012 units in September, a 17.74% increase year-over-year.
For the third quarter of 2024, BYD's NEV sales totaled a record 1,134,892 units, surpassing the million-unit mark in a single quarter for the first time.
This strong performance puts BYD on track to easily exceed its annual sales target of 3 million vehicles for the year
This is just one car company none of you have heard of
adoption is just around the corner, so these are the silver use numbers once adoption is in the mainstream. Since the silver battery is cheaper (life cycle cost) there is no barrier in rushing this to market (except supply) Consumers won’t tolerate the absurd range, charging times, and life expectancy of antiquated existing battery.
Projected Silver numbers as the Silver Battery replaces the Lithium-ion battery due to:
1. Half the weight
2. Lasts twice as long
3. goes twice as far
4. charges in half the time
5. with superior energy density
6. much cheaper than lithium ion (because life cycle cost counts)
The Silver totals are below
