Sammysparko
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$General Motors (GM.US)$ Electric Boat is a great business for GM to enter with its strength on Ultium Baterry System and Manufacturing.
Pure Water Craft’s Outboard System cost $16,500 w/ one baterry pack, and $25,000 w/ 2 battery packs. Each battery pack carries 8.85KWH.
THat means PWC is charging $1,000 per KWH at the pack level.
We know that Ultium Battery costs $100/KWH at cell level, which is then 85% of cost of pack.
That means the 8.85KWH battery pack should cost GM $1,041 to produce, which is only 12.25% of what PWC is charging.
Sounds like a great business !
Pure Water Craft’s Outboard System cost $16,500 w/ one baterry pack, and $25,000 w/ 2 battery packs. Each battery pack carries 8.85KWH.
THat means PWC is charging $1,000 per KWH at the pack level.
We know that Ultium Battery costs $100/KWH at cell level, which is then 85% of cost of pack.
That means the 8.85KWH battery pack should cost GM $1,041 to produce, which is only 12.25% of what PWC is charging.
Sounds like a great business !
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$Sono Group (SEV.US)$ wah ipo price buy some to keep
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$Wilmar Intl (F34.SG)$ happy if can close 4.30 and above today.......
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Sammysparko
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