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Tuesday, August 9, 2022

#Metals/ #GreenEnergy #Stock Defense Metals (TSXV: $DEFN.V) (OTCQB: $DFMTF) Diamond Drilling Update Infill and Exploration Drilling Complete and Pit Slope Geotechnical Drilling Underway; @defensemetals

 

 


 

#Metals/ #GreenEnergy #Stock Defense Metals (TSXV: $DEFN.V) (OTCQB: $DFMTF) Diamond Drilling Update Infill and Exploration Drilling Complete and Pit Slope Geotechnical Drilling Underway; @defensemetals

 

 

Vancouver, British Columbia – August 9, 2022: Investorideas.com Newswire, Mining/Metals/ Green Energy Stock news-  Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to provide an update for its ongoing diamond drilling at its Wicheeda Rare Earth Element (REE) deposit. The 2022 resource infill and exploration diamond drill campaign is now complete and pit slope geotechnical drilling underway.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2022/mining/08092DEFN-Diamond-Drilling-Update.asp

 

A total of 12 diamond drill holes totalling over 3,500 metres have been drilled to date within the northern and central areas of the Wicheeda REE Deposit preliminary economic assessment (PEA) mine plan ultimate pit area, with initial assays results from the earliest drill holes expected during September or October 2022. 

 

All materials, instrumentation, and technical personnel have now been mobilized to site to commence geotechnical drilling for the purpose of open pit slope design optimization. A total of 5 geotechnical drill holes targeting the north, west, south, and east high walls of the Wicheeda PEA mine plan ultimate pit are planned (Figure 1). Data collection will include oriented drill core, field point load and laboratory-based intact rock and discontinuity strength testing, vibrating wire piezometer, and standpipe piezometer installation for hydrogeological investigations.

 



Figure 1. Wicheeda REE Deposit PEA Ultimate Pit Geotechnical Drill Plan

 

Kristopher Raffle, P.Geo., Director and QP of Defense Metals commented: “Defense Metals is very pleased with the progress of the 2022 infill and exploration drilling to date, and we look forward to gathering important pit slope geotechnical data to support future Wicheeda REE Deposit advanced economic studies.”

 

Management Site Visit

Concurrent with the commencement of geotechnical investigations Defense Metals’ management has arranged for a Wicheeda field visit during the week of August 15, 2022, to accompany strategic interested parties and capital market analysts.

 

About the Wicheeda REE Property

The 100% owned 4,244-hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is near infrastructure, including power transmission lines, the CN railway, and major highways.

 

The Wicheeda REE Project yielded a robust 2021 PEA that demonstrated an after-tax net present value (NPV@8%) of $517 million, and 18% IRR[1]. A unique advantage of the Wicheeda REE Project is the production of a saleable high-grade flotation-concentrate. The PEA contemplates a 1.8 Mtpa (million tonnes per year) mill throughput open pit mining operation with 1.75:1 (waste:mill feed) strip ratio over a 19 year mine (project) life producing and average of 25,423 tonnes REO annually. A Phase 1 initial pit strip ratio of 0.63:1 (waste:mill feed) would yield rapid access to higher grade surface mineralization in year 1 and payback of $440 million initial capital within 5 years.

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Project has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in NI 43-101. Mr. Raffle verified the data disclosed which includes a review of the sampling, analytical and test data underlying the information and opinions contained therein.  

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration and development company focused on the acquisition, exploration and development of mineral deposits containing metals and elements commonly used in the electric power market, defense industry, national security sector and in the production of green energy technologies, such as, rare earths magnets used in wind turbines and in permanent magnet motors for electric vehicles. Defense Metals owns 100% of the Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forwardlooking information or statements within the meaning of applicable securities laws, which may include, without limitation, statements relating to advancing the Wicheeda REE Project, drill results including anticipated timeline of such results/assays, the Company’s plans for its Wicheeda REE Project, expanded resource and scale of expanded resource, expected results and outcomes, Wicheeda site visit and expected outcomes, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company’s profile on SEDAR at www.sedar.comWhile such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations),  risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed drilling results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forwardlooking statements or forwardlooking information, except as required by law.

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring Defense Metals Corp. is a paid for service  on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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[1] Independent Preliminary Economic Assessment for the Wicheeda Rare Earth Element Project, British Columbia, Canada, dated January 6, 2022, with an effective date of November 7, 2021, and prepared by SRK Consulting (Canada) Inc. is filed under Defense Metals Corp.’s Issuer Profile on SEDAR (www.sedar.com).



Thursday, July 28, 2022

#Cleantech and #ClimateChange #Podcast- Cleantech #Stocks Pop On New Funding (NASDAQ: $PLUG) (NASDAQ: $FCEL) (NYSE: $BE ) (NASDAQ: $SPWR) (NASDAQ:$CLNE)



 

 

#Cleantech and #ClimateChange #Podcast- Cleantech #Stocks Pop On New Funding (NASDAQ: $PLUG) (NASDAQ: $FCEL) (NYSE: $BE )  (NASDAQ: $SPWR) (NASDAQ:$CLNE)

 

Vancouver, Kelowna, Delta, BC  July 28, 2022 - Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks issues a new edition of the Cleantech and Climate Change Podcast   

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2022/072822-CleanTech.mp3

 

Read this in full at https://www.investorideas.com/news/2022/cleantech-climatechange/07281PLUG-FCEL-BE-SPWR-CLNE.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

Clean energy stocks are on the move today following news that  U.S. Senate Democrats have agreed  on climae and energy llegislation  for a new reconciliation package that would result in  investing nearly $370 Billion in the clean energy sector.

This deal will be the biggest amount of funding ever allocated to tackling climate change.

 

At the time of this podcast Plug Power Inc. (NASDAQ: PLUG) is leading the pack up over 24 % on the day,   FuelCell Energy, Inc. (NASDAQ: FCEL)  is up 5.8%, Bloom Energy Corporation (NYSE: BE)  is up over 15%, solar stocks gain including SunPower Corporation ( NASADAQ: SPWR) up over 16%  and Clean Energy Fuels Corp. (NASDAQ: CLNE) is up over 5%.

 

Don’t be surpised to find out down the road that leading Democrats and Nancy Pelosi’s  husband invested in the sector prior to this agreement . But if all you have to pay is a $100 fine for insider trading to see a sector move like this did today; I guess we would all pay the $100.    

 

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 


If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following cleantech stocks we do have a directory of publicly traded stocks – visit

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

About Investorideas.com - News that Inspires Big Investing Ideas

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Friday, July 22, 2022

New #Stocks and #TradingIdeas for #Mining, #EV, #Energy and #Health&Wellness (CSE: $NVLI.C) (CSE: $SANU.C) (TSXV: $WCC.V) (OTCQX: $NVNXF) (TSX: $IPO.TO) (CSE: $NARA.C)

New #Stocks and #TradingIdeas for #Mining, #EV, #Energy and #Health&Wellness (CSE: $NVLI.C) (CSE: $SANU.C) (TSXV: $WCC.V) (OTCQX: $NVNXF) (TSX: $IPO.TO) (CSE: $NARA.C)

 



 

 

Vancouver, Kelowna, Delta, BC, July 22, 2022 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in Mining, EV, Energy and Health & Wellness. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2022/main/07221Stocks.asp

 

This week’s new mining companies are involved in precious metals, lithium and REE (Rare Earth Elements) exploration.

 

The latest EV company is a battery technology company while the latest energy company is involved in light oil development and production in Alberta, Canada.

 

The newest health and wellness company has developed a self-care digital platform, currently focused on mental health.

 

New Stocks added to the Mining Stocks List:

Nova Lithium Corp. (CSE: NVLI) is a Canadian Junior Mining Company focused on the global transition from fossil fuels to green energy solutions powered by lithium-based batteries. Our mission is to become a leader in exploration and development of critical materials through responsible mining practices.

 

Sanu Gold Corp. (CSE:SANU) is exploring three high quality gold exploration permits in Guinea, located within the world class Siguiri Basin, host to several operating mines.  The company has defined kilometer scale gold bearing structures on each of the permits with multiple high-value drill targets.  Sanu is operated by a highly experienced team with successful records of discovery, resource development and mine permitting.

 

Consolidated Woodjam Copper Corp. (TSXV:WCC) owns a 100% interest in the 64,000 hectare Woodjam copper gold porphyry project located in south-central British Columbia approximately 50 km east of the community of Williams Lake in a low elevation flat to undulating landscape, well accessed by logging roads and in close proximity to hydro power.

 

CopperCorp Resources Inc. (TSXV:CPER) is a well-financed mineral exploration company with approximately C$8.5M targeting world class copper-gold discoveries in western Tasmania, Australia. The Company is currently undertaking confirmation and infill drilling and ground exploration programs at the Alpine Prospect (our initial target on the larger AMC Project, formerly the Alpine Project) where wide spaced historical drilling delineated IOCG-style mineralization over a 700m strike length.

 

Cornish Metals Inc. (TSXV:CUSN) completed the acquisition of the South Crofty tin and United Downs copper / tin projects, plus additional mineral rights located in Cornwall, UK, in July 2016 (see Company news release dated July 12, 2016). The additional mineral rights cover an area of approximately 15,000 hectares and are distributed throughout Cornwall. Some of these mineral rights cover old mines that were historically worked for copper, tin, zinc, and tungsten.

 

Fireweed Zinc Ltd. (TSXV:FWZ) is a public mineral exploration company on the leading edge of Critical Minerals project development.The Company has three projects located in northern Canada: Macmillan Pass Zinc-Lead-Silver Project, Mactung Tungsten Project and Gayna River Zinc-Gallium-Germanium Project.

 

Fury Gold Mines (TSX:FURY) is a Canadian-focused exploration company positioned in two prolific mining regions across the country. Led by a management team and board of directors with proven success in financing and advancing exploration assets, Fury intends to grow its multi-million-ounce gold platform through rigorous project evaluation and exploration excellence. Fury is committed to upholding the highest industry standards for corporate governance, environmental stewardship, community engagement and sustainable mining.

 

Torq Resources Inc. (TSXV:TORQ) is a Vancouver-based copper and gold exploration company with a portfolio of premium holdings in Chile. The Company is establishing itself as a leader of new exploration in prominent mining belts, guided by responsible, respectful and sustainable practices. The Company was built by a management team with prior success in monetizing exploration assets and its specialized technical team is recognized for their extensive experience working with major mining companies, supported by robust safety standards and technical proficiency. The technical team includes Chile-based geologists with invaluable local expertise and a noteworthy track record for major discovery in the country. Torq is committed to operating at the highest standards of applicable environmental, social and governance practices in the pursuit of a landmark discovery.

 

New Found Gold (TSXV:NFG) holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 400,000m drill program at Queensway, now approximately 48% complete.

 

Nickel Creek Platinum Corp. (TSX:NCP) is a Canadian mining exploration and development company and its flagship asset is its 100%-owned Nickel Shäw Project. The Nickel Shäw Project is a large undeveloped nickel sulphide project with a unique mix of metals including copper, cobalt and platinum group metals, located in the Yukon, Canada, one of the most favourable jurisdictions in the world. The Nickel Shäw Project has exceptional access to infrastructure, located three hours west of Whitehorse via the paved Alaska Highway, which further offers year-round access to deep-sea shipping ports in southern Alaska.  The Company is also investigating other opportunities for shareholder value creation.

 

E2Gold Inc. (TSXV:ETU) is a Canadian gold exploration company with a focus on Its large, 75 km long flagship property, the Hawkins Gold Project, which covers seven townships in north-central Ontario, about 140 km east of the Hemlo Gold Mine. The Company is currently conducting a robust surface exploration program on the Hawkins Gold Project to develop drill targtes for a 10,000 m program. E2Gold is commited to increasing shareholder value through the development of all targets at Hawkins and future potential of the Band-Ore property.

 

Element 29 Resources Inc. (TSXV:ECU) is an emerging copper exploration and development company focused on advancing its portfolio of Peruvian projects towards development in one of the world's lower-risk mining jurisdictions. Element 29's growth strategy is led by our strong board and management, who have a proven track record of discovery and delivering significant value to our shareholders. The Company's principal objective is to explore and develop its flagship Flor de Cobre porphyry Cu-Mo project located in southern Peru, 26 km southeast from Freeport-McMoRan's Cerro Verde Cu-Mo mine. At the same time, the Company intends to build on its potential copper inventory with continued exploration of its Flor de Cobre project as well as its remaining 22,000 hectares of mining concessions in Peru, including the recently discovered Elida porphyry copper-molybdenum-silver system located 85 km from the coast in central Peru. Both projects are well located for potential mine development and will benefit from nearby infrastructure including roads, powerlines, ports, water, and a skilled workforce.

 

Empress Royalty Corp. (TSXV:EMPR) is a global royalty and streaming creation company providing investors with a diversified portfolio of gold and silver investments. Since listing in December 2020, Empress has built a portfolio of 17 precious metal investments and is actively investing in mining companies with development and production stage projects who require additional non-dilutive capital. The Company has strategic partnerships with Endeavour Financial and Terra Capital which allow Empress to not only access global investment opportunities but also bring unique mining finance expertise, deal structuring and access to capital markets. Empress is looking forward to continuously creating value for its shareholders through the proven royalty and streaming models.

 

Enduro Metals Corp. (TSXV:ENDR) is an exploration company focused on it's flagship Newmont Lake Project; a total 654km2 property located between Eskay Creek, Snip, and Galore Creek within the heart of northwestern British Columbia's Golden Triangle. Building on prior results, the Company's geological team have outlined 4 deposit environments of interest across the Newmont Lake Project including high-grade epithermal/skarn gold along the McLymont Fault, copper-gold alkalic porphyry mineralization at Burgundy & 72 Zones, high-grade epithermal/skarn silver/zinc at Cuba, and a large 9km x 4km geochemical anomaly hosting various gold, silver, copper, zinc, nickel, cobalt, and lead mineralization along the newly discovered Chachi Corridor.

 

Engineer Gold Mines Ltd. (TSXV:EAU) is focused on reestablishing gold production at the Company’s 100%-owned, historical high-grade Engineer Gold Mine, 32km southwest of Atlin, BC. Exploration and development work has identified numerous high-grade vein and shear-hosted bulk-tonnage gold targets over the Company’s 25 km long (18,319 hectare) contiguous claim grouping, which includes prospects: Wann River, 5 km to the southwest; Happy Sullivan, 3 km to the northeast; and TAG, acquired in 2020, 7 km to the north, of the historical Engineer Mine.

 

New Age Metals Inc. (TSXV:NAM) is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America. The Company has two divisions; a Platinum Group Metals division and a Lithium/Rare Element division. The PGM Division includes the 100% owned, multi-million-ounce, district scale River Valley Project, one of North America’s largest undeveloped Platinum Group Metals Projects, situated100 km from Sudbury, Ontario. The Company completed a positive Preliminary Economic Assessment on the Project in 2019 and, is fully financed to complete a Pre-Feasibility Study on the Project in 2022. In addition to River Valley, the Company owns 100% of the Genesis PGM-Cu-Ni Project in Alaska, and has plans to complete a surface mapping and sampling program in 2022. The Lithium Division is one of the largest mineral claim holders in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium. Plans for 2021 include drone geophysics on at least five of the Company’s seven projects and a maiden drill program on the Company’s Lithium Two Project. On September 28, the Company announced a partnership with Mineral Resource Limited (MRL, ASX: MIN), the world’s fifth largest lithium producer to explore and develop the Company’s lithium project portfolio. Our philosophy is to be a project generator with the objective of optioning our projects with major and junior mining companies through to production. The Company is actively seeking an option/ joint venture partner for its road-accessible Genesis PGM-Cu-Ni project in Alaska.

 

enCore Energy Corp. (TSXV:EU) With approximately 90 million pounds of U3O8 estimated in the measured and indicated categories and 9 million pounds of U3O8 estimated in the inferred category1, enCore Energy is the most diversified in-situ recovery uranium development company in the United States. enCore is focused on becoming the next uranium producer from its licensed and past-producing South Texas Rosita Processing Plant by 2023. The South Dakota-based Dewey Burdock project and the Wyoming Gas Hills project offer mid-term production opportunities with significant New Mexico uranium resource endowments providing long-term opportunities. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle.

 

Global Atomic Corp (TSX:GLOOTCQX:GLATF) is a publicly listed company that provides a unique combination of high-grade uranium mine development and cash-flowing zinc concentrate production.

 

New Stocks added to the EV Stocks Directory:

Novonix Ltd. (OTCQX:NVNXFASX: NVX) is a leading battery technology company with operations in both Canada and the United States. NOVONIX provides advanced, high-performance materials, equipment, and services for the global lithium-ion battery industry with sales in 14 countries. We develop materials and technologies to support longer-life and lower-cost batteries that are powering us towards a cleaner energy future. Our NOVONIX Battery Technology Solutions division, based in Halifax, Nova Scotia, Canada, focuses on innovative battery research and development, along with providing advanced battery testing equipment and services on a global scale. Our NOVONIX Anode Materials division, located in Chattanooga, Tennessee, USA, manufactures our synthetic graphite anode materials used to make lithium-ion batteries which power electric vehicles, personal electronics, medical devices, and energy storage units. To address the growing industry demand, we are working to increase the production capacity to 10,000 metric tons of synthetic graphite per annum (tpa) by 2023, with further targets of 40,000 tpa by 2025 and 150,000 tpa by 2030.

 

New Stocks added to the Energy Stocks Directory:

InPlay Oil Corp. (TSX: IPOOTCQX:IPOOF) is a growth-oriented light oil development and production company based in Calgary, Alberta. InPlay’s activity is focused on large oil in place pools with low recovery factors, low declines, and long life reserves primarily targeting the Cardium Formation in Alberta. InPlay has a strong balance sheet allowing it to weather commodity volatility and develop its extensive inventory of horizontal drilling locations.

 

New Stocks added to the Health and Wellness Stocks Directory:

PanGenomic Health Inc. (CSE:NARA) is a precision health company that has developed a self-care digital platform to deliver personalized, evidence-based information about natural treatments. Our initial focus is on mental health. As a British Columbia benefit company, the Company’s mission is to promote and improve the health and wellness of people and society by providing a technology platform that identifies plant-based solutions tailored to the health profile of each individual.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

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Tuesday, July 12, 2022

#Cleantech and #ClimateChange #podcast- #EV #stock to watch (NASDAQ: $GOEV) - Walmart (NYSE: $WMT) to Purchase 4,500 #Canoo Electric Delivery Vehicles



 

 

#Cleantech and #ClimateChange #podcast- #EV #stock to watch (NASDAQ: $GOEV) - Walmart (NYSE:  $WMT) to Purchase 4,500 #Canoo Electric Delivery Vehicles

 

Vancouver, Kelowna, Delta, BC ,July 12, 2022 - Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks issues a new  edition of the Cleantech and Climate Change Podcast .

  

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2022/071222-CleanTech.mp3

 

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EV stocks are on investor’s alerts again due to big news from Canoo (NASDAQ: GOEV). The stock traded as high as $5.00 today on huge volume and led other EV stocks to posiive trading today with NIO trading as high as $21.19. None of the EV stocks are anywhere near their 52 week high – but in this market investors are very happy to see green again .

 

Walmart (NYSE: WMT) signed  an agreement with Canoo (NASDAQ: GOEV), a high-tech advanced mobility company, to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle (LDV), with the option to purchase up to 10,000 units. The vehicles will be used to deliver online orders in a sustainable way which will also contribute to Walmart’s goal to achieve zero-emissions by 2040.

While the LDV is expected to begin hitting the road in 2023, the companies plan to kick-off advanced deliveries to refine and finalize vehicle configuration in the Dallas Fort Worth metroplex in the coming weeks. 

The LDV: Engineered for sustainable last mile deliveries with improved driver ergonomics and safety 

Canoo’s fully electric Lifestyle Delivery Vehicle (LDV) is an American-made commercial EV optimized for sustainable last mile delivery use cases. As with all Canoo vehicles, the LDV is built on a proprietary multi-purpose platform (MPP) architecture that integrates the motors, battery module and other critical driving components. The LDV has a last mile delivery optimized cabin and customized cargo space. Canoo is utilizing true steer by wire technology, reducing moving parts and cabin intrusion, resulting in more usable interior space, better driver ergonomics and the addition of a panoramic window to improve road visibility. 

 The LDV is engineered for high frequency stop-and-go deliveries and speedy vehicle to door drop-off, including grocery and food/meal delivery. Its customized interior is designed for small package delivery, at competitive per stop economics. The modular design and 120 cubic feet cargo volume are adaptable to evolve with customer needs which contributes to a decreasing per unit investment over time. 

Canoo’s electric vehicles will be driven by Walmart associates and used to deliver online orders, from groceries to general merchandise, as well as the potential to be used for Walmart GoLocal, the retailer’s delivery-as-a-service business.  

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.


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