Oakridge Global Energy Solutions, Inc. (OGES): Lit
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Posted On: 02/05/2016 3:32:47 PM
Oakridge Global Energy Solutions, Inc. (OGES): Lithium-ion Batteries ‘Made in the USA’
The global market for lithium ion batteries is a fast growing one and is expected to cross $30 billion by 2020. It continues to advance as high power and high capacity cells increase penetration into large-format applications. Vying for market adoption, the lithium-ion chemistry competes heavily with established energy storage technologies, such as lead acid, in many of these applications. However, key performance characteristics have enabled lithium-ion to increase market penetration, resulting in growth opportunities. Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) has two production facilities in Melbourne, Florida, making high quality lithium-ion batteries with the ‘Made in the USA’ label.
Lithium-ion batteries are most commonly used in small consumer devices like smartphones and laptops. However, more recently, lithium-ion technology is being used in electric vehicles and storage applications. The electric car market is growing rapidly and, after visiting a local Tesla Motors, Inc. (NASDAQ: TSLA) dealership, the reasons are obvious. Someone can buy an electric car with 762 horsepower, drive it for 300 miles, recharge it from any common outlet or charge station for free, and continue on their cross-country trek. When buying an electric car, the purchaser receives a substantial tax credit and doesn’t have any maintenance issues – like an oil change or tire rotation – for 50,000 miles.
Oakridge Global is in position to benefit from this growing trend. Its innovative ‘Made in the USA’ product line includes multiple lithium-ion technologies and form factors that are optimized to address three high-demand target markets – including stationary and grid storage; motive applications, such as electric and hybrid electric fleet vehicles; and specialty applications, such as military, aerospace, marine, medical and telecom backup.
It’s only a matter of time before people begin calculating their yearly gas bill and compare it to the more efficient, environmentally friendly electric vehicle option. Charge stations are multiplying rapidly and many hotels are jumping on board by adding them to locations across the country. Oakridge Global offers a high quality product with domestic roots and, more importantly, domestic jobs. ‘Made in the USA’ is beginning to mean something again, and people are taking this into consideration when shopping for big purchase items such as cars, motorcycles, boats, RV’s, etc.
For more information, visit www.oakridgeglobalenergy.com
Please read full disclaimers at http://disclaimer.missionir.com
The global market for lithium ion batteries is a fast growing one and is expected to cross $30 billion by 2020. It continues to advance as high power and high capacity cells increase penetration into large-format applications. Vying for market adoption, the lithium-ion chemistry competes heavily with established energy storage technologies, such as lead acid, in many of these applications. However, key performance characteristics have enabled lithium-ion to increase market penetration, resulting in growth opportunities. Oakridge Global Energy Solutions, Inc. (OTCQB: OGES) has two production facilities in Melbourne, Florida, making high quality lithium-ion batteries with the ‘Made in the USA’ label.
Lithium-ion batteries are most commonly used in small consumer devices like smartphones and laptops. However, more recently, lithium-ion technology is being used in electric vehicles and storage applications. The electric car market is growing rapidly and, after visiting a local Tesla Motors, Inc. (NASDAQ: TSLA) dealership, the reasons are obvious. Someone can buy an electric car with 762 horsepower, drive it for 300 miles, recharge it from any common outlet or charge station for free, and continue on their cross-country trek. When buying an electric car, the purchaser receives a substantial tax credit and doesn’t have any maintenance issues – like an oil change or tire rotation – for 50,000 miles.
Oakridge Global is in position to benefit from this growing trend. Its innovative ‘Made in the USA’ product line includes multiple lithium-ion technologies and form factors that are optimized to address three high-demand target markets – including stationary and grid storage; motive applications, such as electric and hybrid electric fleet vehicles; and specialty applications, such as military, aerospace, marine, medical and telecom backup.
It’s only a matter of time before people begin calculating their yearly gas bill and compare it to the more efficient, environmentally friendly electric vehicle option. Charge stations are multiplying rapidly and many hotels are jumping on board by adding them to locations across the country. Oakridge Global offers a high quality product with domestic roots and, more importantly, domestic jobs. ‘Made in the USA’ is beginning to mean something again, and people are taking this into consideration when shopping for big purchase items such as cars, motorcycles, boats, RV’s, etc.
For more information, visit www.oakridgeglobalenergy.com
Please read full disclaimers at http://disclaimer.missionir.com
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