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7 Days After Elon Musk and Tesla Commit To Silicon For Electric Vehicle Batteries, HPQ Silicon Receives Request For Nano Silicon From Undisclosed Auto Manufacturer
HPQ Silicon Resources (HPQ:TSXV) is a Canadian producer of Silicon that is building a line of specialty silicon products needed for electric batteries.
More than just lip service, HPQ has already announced NDA's with 2 undisclosed companies in the space and has hinted at other NDA's that are so tight they could not even be announced.
5 YEARS ON THE SILICON ROAD LESS TRAVELED
Over the past 5 years, HPQ has teamed up with 2 world renowned technology partners to manufacture high purity silicon cleaner, cheaper and better than anyone in the world - because you can't dig it out of the ground like other battery metals such as graphite, cobalt and nickel. Now HPQ is on the verge of sending samples of its industry leading silicon to NDA and other potential partners as early as December.
However, despite providing shareholders with a great return during this period, HPQ's silicon strategy was still met by scepticism amongst investors who found it easier to understand traditional battery metal stories.
TESLA CHANGED EVERYTHING OVERNIGHT
This all changed 7 days ago on September 23rd 2020, when this headline emerged from Tesla's "Battery Day"
"Tesla To Revolutionize Use Of Silicon In Batteries: Slash Costs, Increases Range"
With the specific references to Silicon + Cheaper Cost + Longer Range, you would have thought HPQ wrote this headline themselves given the fact this is EXACTLY what they have been telling the world for the last 5 years. Now, thanks to this headline, HPQ Silicon no longer has to convince everybody that Silicon is the holy grail of batteries .... Elon Musk and Tesla have done it for them in one fell swoop.
7 DAYS LATER, A GLOBAL AUTO MANUFACTURER COMES KNOCKING TO SECURE FIRST POSITION
This quote from CEO Bernard Tourillon says it all:
"To have piqued the interest of a major industrial player so early on, and to the point where they will pay for product before production just to secure a position, speaks volumes about where we are and what we are doing"
And this one from technology partner PyroGenesis Canada drives the point home:
"To receive this type of validation mere weeks after signing a Development Agreement with HPQ Silicon , and mere days after a major Battery Conference, which highlighted the importance of such products, is astounding. We are excited to see HPQ NANO effectively taking pre-orders from giants in the industry who, based on our experience, are not in the habit of wasting their time"
If you are serious about battery metals and electric vehicles entering a paradigm shifting parabolic stage in the next 5 years, then you owe it to yourself to watch this interview with CEO Bernard Tourillon.
Watch this interview or listen by Podcast on Apple, Google, Spotify or your favourite podcaster.
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