Electric pickup trucks are coming soon – The Tesla pickup reveal is on November 21

Electric bikes, sedans and SUVs are all now regularly seen on our roads, but soon we will start to see electric trucks of all types and sizes.

The Tesla electric pickup truck

This coming November 21 is the Tesla (NASDAQ: TSLA) all-electric pickup truck reveal. The Tesla pickup, also nicknamed the “Cybertruck”, is said to look like something from the movie Blade Runner. In October Elon Musk tweeted: “Cybertruck doesn’t look like anything I’ve seen bouncing around the Internet. It’s closer to an armored personnel carrier from the future.”

The base model price is said to be under US$50,000. Range is expected to be between 400 and 500 miles depending on the version. Production dates are yet to be released.

Elon has said the e-pickup truck will be “a better truck than an F-150 in terms of truck-like functionality, and be a better sports car than a standard (Porsche) 911.”

Other Tesla products expected soon are the Tesla Roadster 2 and Tesla Semi (said to be entering production in 2020), as well as Tesla Model Y (deliveries starting possibly in late 2020).

The Tesla electric pick up truck mystery – What will it look like?

The Rivian electric pickup truck

Another electric truck coming soon that has already had a great response from the public is the Rivian electric pickup truck, known as the ‘Rivian R1T pickup’. It will have a range of ~400 miles, 4 electric motors which will accelerate from 0-60mph in just 3 seconds, and a starting price of US$69,000. It is currently in the testing stage and first deliveries are set to begin in late 2020. Both Amazon and Ford are backers of the company which is still not yet listed.

The Rivian R1T pickup will be perfect for taking on a road trip

The all-electric Ford F-150

Even the current US pickup truck leader Ford is racing to have an electric pickup as soon as possible. Ford is the undisputed leader in US conventional pickup truck sales.

The key takeaway for investors is that the electrification of the entire transport fleet is coming, noting long range planes will be conventional or hybrid. Electric pickup trucks are just around the corner.

Based on past performance Tesla is the one to beat, given they dominate the US electric car market sales with 57% market share, and are the global number 1 electric car seller with 16% global market share. Tesla previously disrupted the luxury large sedan market with Model S, and is now disrupting the small and mid-size luxury sedan market with Model 3. Rivian (private) look to have a great niche product for those on a high budget, and Ford should benefit from their loyal pickup customer base, but certainly look likely to lose market share.

For now my money is on Tesla. Tesla Model 3 sales is dominating the luxury car market of conventional cars in the US and its production in China is about to begin. They have a great pipeline of new EV products ahead (Semi, Roadster 2, Pickup, and Model Y), their energy storage products (Powerwall, Powerpack, and now Megapack), as well as their solar roof. Tesla was profitable last quarter but still has a lofty forecast 2021 PE of 49, and an analyst’s consensus “hold” and price target of US$285. I think this price target will be upgraded if China Model 3 sales go well, and Tesla’s profits start to increase each quarter.

The revolutionary AI technology that works for generators, electric motors, and also for batteries

Electric motors have been around for a long time; however, they have one flaw – They operate within a limited range of torque (turning or rotational energy of an engine). Or put another way, electric motors have limited efficiency to operate over a broad speed range. In practice, this means the better electric cars need at least two electric motors – one for slower speeds, and one for highway speeds, as there is no gearbox like a conventional car.

However, this is all changing now with a new technology that uses Artificial Intelligence (AI) to adjust and manage the electrical output, somewhat like how a gearbox works in a car. The technology works for generators, electric motors, and also for batteries. It is simply revolutionary.

Exro Technologies Inc. (CSE: XRO | OTCQB: EXROF), the company that is pioneering and commercializing this technology, states that it is “revolutionizing energy conversion to improve performance, efficiency and longevity in electric motors, batteries and generators.”

Exro’s technology aims to pioneer the way energy is stored, transferred and used by keeping the energy flowing at an optimal rate. They are doing this by commercializing an intelligent energy management system (IEMS) that uses Artificial Intelligence (AI) and big data analytics to change the way energy is transferred, used, and stored. By creating a dialogue between motor coil switching, motor controls, and battery management systems, Exro creates a system that brings together and integrates several disciplines, to improve efficiency, reliability, safety and maintenance.

Exro Technologies revolutionary intelligent energy management system

Exro’s patented Dynamic Power Management (DPM) system is a proprietary software that controls electric motor coils through individual coil switching and expands speed/torque capability and improves machine efficiency across a wider operating range.

Exro’s technology also helps lithium ion batteries last longer

This technology also applies the principle of managing energy as it converts at the individual level to lithium ion batteries, by managing the charge and discharge of energy at the individual cell level of the battery. The aim is to improve the battery performance and efficiency, which should result in longer usage and possibly a second life of a battery. Exro’s technology seeks to give a useful second life to billions of batteries that today are thrown away.

Collaboration with Potencia Industrial

As a result of successful testing, the company has received its first production order for motor drivers from Potencia Industrial. The motor drivers are designed for independent integration as well as being one of five modular units that comprise the overall Intelligent Energy Management System. The Driver connects the battery to the electric motor and enables the motor to run with greater efficiency with high reliability and safety features.

Potencia is integrating Exro’s motor drivers into vehicles that have been identified for the conversion of internal combustion engines to electric motors. Potencia is working on converting taxis in Mexico City from conventional to electric vehicles (EVs). The city has 250,000 taxis all needed to be converted to EVs.

Delivery is anticipated to start in Q1 2020 and will be done in phases allowing Exro to ramp up production while optimizing processes.

Sue Ozdemir, CEO of Exro, stated: “This is a big milestone for the Exro team as it marks another success in tackling the energy market and utilizing our technology to partner with companies who are working to make a difference.”

Electric motors run almost every machine in society

Collaboration with Lithium Werks

In collaboration with Lithium Werks (a large Chinese battery manufacturer), Exro is applying its technology to the lithium-ion battery to be able to make the battery work more efficiently and extend battery life. Also if one battery cell fails instead of losing the whole battery, Exro’s technology is able to do a workaround that can by-pass the damaged cell and keep the battery working.

The market opportunity for Exro’s technology is enormous

This is just the start of the Company’s strategic commercialization initiatives as they look to grow partnerships with customers around the world. The market for better electric motors, generators, and batteries is enormous. Exro is at the cutting edge of both future design and commercialization and is already in collaboration with two large and successful global companies.

Exro Technologies Inc. is a Vancouver, BC-based technology company with a market cap of just C$ 20 million.

New AI methods attract capital to mining sector

Here is an unavoidable truth. Resource extraction is hard physical work. Even in today’s tech-happy world, there’s no app for that. And perhaps this is the very reason modern investors have wandered away from mining—whether or not it’s to their benefit. New AI methods may change that.

Just like society, many investors today are overlooking the connection between the products we use and the source of the materials to make them. And yet it’s still true that “if you cannot grow it, you have to mine it.” Comically, we see generous valuations for end products but outright hostility toward the companies providing the basic materials to create the products. New flashy sectors like digital currencies, online commerce and cannabis are grabbing the spotlight while the basic source of materials for many everyday needs falls into the shadows.

Yes, some of this shunning may be deserved. The mining industry for the most part is still trying to use a classical economics appeal to attract investors. They trot out supply and demand fundamentals, and costs of production, hoping the market will make rational investment choices based on the facts. But as much as investors claim to be rational, there is a significant chunk of sentiment associated with attracting capital to any sector.

It will take more than just facts to win back investors. Some may hold a negative impression or position on the sector, one that has been reinforced with poor performance in recent years. And so funding for mining exploration is declining and, not surprisingly, so are discoveries.

But here is another unavoidable truth. Demand for resource materials increases alongside the development of society.

The next generation of ideas

The industry needs to attract capital with new ideas to streamline the process of value creation. To illustrate, let’s look at GoldSpot Discoveries Corp. (TSXV: SPOT). GoldSpot is a technology company striving to be a disruptor in the industry of mining exploration and investment. Its proprietary technology uses AI and machine learning to interpret underused data and to spot sites with the potential to host a mineral deposit.

Mining a mountain of data

The simple idea behind the big-data idea is to exploit the abundance of data collected in the world’s mining camps. In the past, there was not enough time, talent and skill to evaluate it all, even as still more data was being created. GoldSpot uses AI and machine learning and other tools to organize and analyze the data. The geologist spends less time collecting the data and more time interpreting the results—potentially making new discoveries.

GoldSpot is confident in its abilities to use machine learning to identify good exploration projects and the company wants to participate in their development and success through investments, royalties and consulting work. Their list of clients already includes significant names from the industry: Hochschild Mining, McEwen Mining, Sprott Mining and Yamana Gold.

Recently GoldSpot announced that Gran Colombia Gold Corp. used their methods at their Segovia project. The preliminary targets were confirmed through drill results at near mine and regional targets. This truly is a new idea: a client company that gives confirmation and relates success to the service provider. In the mining sector, new technology often faces challenges in development, promotion and acceptance. The sector does not change its methods quickly.

Fast on the heels of this success came the announcement of a $15 million strategic investment by Eric Sprott and plans for a 70,000 m drilling program on the Segovia project to further test these targets. This too validates GoldSpot’s AI and machine learning methods for doing exploration differently.

Now GoldSpot is working on another significant opportunity to showcase their method and further develop their tools. Through a deal with Metal Earth project and Laurentian University, GoldSpot will sort through this significant and large dataset to identify the characteristics of metal endowment in Canada’s mining camps.

The AI effect on the market

Impressively, quantitative analysis of the markets is driving up to 65% of returns during the past 20 years. And more investment funds are using this method for stock selection. On the other hand, these methods are also partially responsible for the drop in investment in the mining sector, particularly in exploration. And yet GoldSpot is using these same methods to analyze exploration results and market data to identify the best targets for investing in this opportunity gap.

For the tech-minded investor or mining company, AI and machine learning methods are revealing opportunities that can change minds and grow investments for exploration.

Could video production be as simple as a better Moovly?

Did you know that revenue generated from online video content is forecast to increase from US$20.68 billion in 2016 to US$43.6 billion in 2027? With video becoming a key medium for advertising and communication, could the days of the redundant PowerPoint finally be replaced with something more engaging — entertaining even perhaps? Youtube or Facebook show just how popular video content has become with millions of new videos posted online each month. Social media, blogging, branded videos and informational presentations are all commonly presented using some form of video but what if you could do it yourself and faster than you could create (yet another) marketing deck? Or just as ‘cool’, you can slide your marketing deck into a production system that will add a soundtrack and make it come alive?

One way for investors to invest in this boom in online video content is by buying shares of the companies that offer the tools to produce the best video content.

One such company is Moovly Media Inc. (TSXV: MVY | OTCQB: MVVYF). Moovly provides a cloud-based platform (SaaS) that enables users to create and generate multimedia content such as animated videos, video presentations, animated infographics and any other video content that includes a mix of animation and motion graphics.

Moovly has created an intuitive and simple video creation software. It is an easy online tool to create professional-looking videos or video presentations for social media or other personal or business needs. Using a combination of uploaded images, videos and sounds, as well as a pre-defined library of objects, users are able to quickly assemble new animated content. The final videos or presentations can be downloaded as an MP4 for example, or published on a variety of video platforms. The software uses a simple drag & drop application with access to a library with millions of images, videos and sounds enabling users to build videos without any expert video making skills.

Video made easy with Moovly

Moovly is improving their product to stand out from the competition

A number of market leading features have been added recently to the Moovly product such as subtitling, screen recording, webcam recording, green screen removal. The Company has designed the new features to meet the demand and requests of the increasing number of large organizations and educational institutions choosing Moovly. Moovly has also made its software integrate with Powerpoint, Google and PayPal. All of these features help differentiate Moovly from the competition and add significant value.

Moovly has also expanded its target market with new offerings “Business” and “Edu Max” subscriptions. The later was designed to cater to the needs of the growing number of educational users on Moovly’s platform. The Business subscription is available at $599 per year, while the Edu Max version comes at an introductory price of $249 for users with an approved educational email domain.

Moovly wins Amadeus contract

After a competitive evaluation process, Moovly was selected as the best solution to provide Amadeus IT Group, a leading technology provider for the global travel industry, with a corporate video creation platform for its 15,000 employees worldwide.

Moovly is now creating video content for Amadeus IT Group

Fernando Diez, Senior Platform & Project Manager at Amadeus stated: “We did a thorough evaluation of the market through a tender process and after a detailed evaluation of Moovly and competitors, selected Moovly. Our experience since signing has been excellent and have found Moovly to be both responsive and flexible to our needs.”

Moovly offers access to Getty images

Moovly Media Inc. has also partnered with the world leader in visual communications, Getty Images, in opening up access to tens of millions of digital assets from within the Moovly platform. This integration allows Moovly users to access the impressive digital asset stock libraries (sounds, images, videos) from Getty Images and iStock seamlessly inside the Moovly Studio Editor.

Brendon Grunewald, Co-Founder and CEO of Moovly, stated: “Moovly is excited to be working with Getty Images, as it will provide millions of world-class stock media to customers of Moovly. This is an important step in our partner integration strategy, which has started to show results.”

Moovly business model and financials

Revenue is primarily generated from subscription fees with over 90% gross margin, and charges a monthly pro rata subscription price or an annual fee. As of 30 September 2018 Launch Pro subscriptions cost US$49/month or US$299/year. As discussed earlier there are also tailored offerings such as “Business” and “Edu Max” charging at $599/year and $249/year.

Revenue for the year ending 30 September 2018 was $892,751 compared to $559,185 the previous year, representing a 37% YoY increase. Earnings were negative $0.03 per share. As Moovly grows revenue the high gross margin will mean profits will also grow in line with revenue, making for a very profitable company if all goes to plan.

Moovly’s vision is to become the number 1 platform for engaging, customizable multimedia content creation by making it affordable, intuitive and simple.

The recent Amadeus contract (15,000 employees) shows Moovly is moving up in the world. It will help Moovly access other large travel or tourism companies. Also, their new business and educational offerings will open up huge new marketplaces. Moovly clients already include users from >300 of the Fortune 500, small businesses, freelancers and Ivy league universities.

Moovly is now moving in the right direction, and still has a low market cap of just C$ 5.3 million. Huge potential if they can continue to pick up more large contracts.

Siyata Mobile is landing more fleet sales with analysts forecasting revenue to double in 2020

Siyata Mobile Inc. (TSXV: SIM | OTCQX: SYATF) is a leading global developer and provider of cellular communications systems for enterprise customers, specializing in connected vehicle products for fleets, marketed under the Uniden® cellular brand. Siyata has recently teamed up with Canada’s largest wireless service provider Rogers Communications to expand its sales reach.

Some examples of Siyata’s fleet customers are the first responders (police, ambulance, fire), and other fleets (taxis, trucks, buses etc).

Siyata Mobile’s primary target markets

The Uniden® UV350 is now available through Rogers

The Uniden® UV350 is now available through Rogers who offers a full range of products and solutions for business customers. Rogers Communications Inc. (RCI) is the largest wireless service provider in Canada.

Marc Seelenfreund, CEO of Siyata Mobile, commented: “Launching the UV350 with the largest provider of wireless communications services in Canada continues to increase our reach and we are confident our innovative in-vehicle solution will continue to spread among enterprise and commercial drivers, creating an increasing demand as our brand recognition grows.”

The Uniden UV350 to be integrated with Nova Talk

The Company’s flagship Push-to-Talk LTE Uniden® UV350 in-vehicle device is to be integrated with Nova Talk, a leading enterprise solution for instant communication using a real-time push to talk and group text messaging system via the onboard app. The UV350 provides its enterprise customers with the first-ever dedicated in-vehicle Push-to-Talk (PTT) cellular solution built for the specific requirements of commercial vehicles.

The integration of the UV350 device has commenced with certain commercial vehicles of one of the largest automobile manufacturers in the United States. Drivers will be able to operate their device through the control panels of the commercial fleet vehicles. This integration is geared towards providing commercial vehicle drivers increased functionality, crystal clear sound quality, with fewer hardware accessories inside the vehicle cabin. The integrated device de-clutters the dash allowing drivers to keep their eyes on the road and hands on the wheel.

Siyata receives an additional order from a leading taxi technology distributor

Siyata Mobile has received an additional purchase order from a leading taxi technology distributor in Israel. This customer’s original purchase order of $360,000 has been increased to a total of over $850,000. The customer will equip their taxi drivers with the Company’s CP250 4G/LTE rugged Push-to-Talk mobile devices, in addition to its commercial vehicle devices. The CP250 allows seamless communication between drivers at the push of a button, with a dedicated microphone and speaker for crystal-clear sound.

CEO Marc Seelenfreund states: “This is a great customer for us that focuses on the taxi market vertical and is a strong validation for both our commercial vehicle and rugged mobile Push-to-Talk solutions. This additional purchase order aims to provide professional drivers with seamless communication between one another at the push of a button both inside their taxis and on the go”.

With approximately 22,000 taxis in Israel, this is another vertical, with a great opportunity to gain market share from traditional land mobile radio systems, which have supplied the market for many decades. The opportunity with this specialized distributor is many times the size of the initial purchase order and Siyata is looking forward to a valuable relationship with them to equip their large taxi customer base.

Siyata’s sales channels now exceed 200 million cellular network subscribers

The UV350 is now in enterprise sales channels with carrier partners which have a combined market cap in excess of $300 billion and over 200 million cellular network subscribers. Examples of these sales channels include the following:

  • At&T – 153 million subscribers
  • First Net (responders) – 450,000 subscribers
  • An Undisclosed Tier 1 US Carrier
  • Bell (in Canada) – 9.61 million subscribers

Large addressable enterprise vehicle market just in Canada and the US

  • Commercial truck market – There are over 17 million commercial trucks in the United States and over 1.1 million in Canada.
  • First responder market – Over ~3.5 million emergency vehicles estimated in the United States.

After several years establishing the Company and perfecting its products Siyata Mobile is now poised to take off. First responder and taxi fleet sales have started rolling in resulting in increased revenue for Siyata. Analysts forecast revenue to double in 2020 to reach C$31.4 million and Siyata to become earnings positive in 2020.

Siyata Mobile Inc. was founded in 2012 and is headquartered in Canada. The Company has a target price of C$1.09 representing a 221% upside.

Nano One looks to be a winner as they work to make a better lithium-ion battery

It’s been an exciting few weeks in the world of nanotechnology and lithium-ion batteries. The Royal Swedish Academy of Sciences has awarded the Nobel Prize in Chemistry for 2019 to the developers of the lithium-ion battery.

The foundation of lithium-ion battery development was laid during the oil crisis in the 1970s; however, its importance has grown each decade. Given we are now entering the electric vehicle boom, our dependence on the lithium-ion battery will grow even greater. The 2019 Nobel Prize in Chemistry was awarded to the following 3 Scientists; John B. Goodenough, M. Stanley Whittingham, and Akira Yoshino.

Stanley Whittingham started to research superconductors and discovered an extremely energy-rich material, which he used to create an innovative cathode in a lithium battery. John Goodenough predicted that the cathode would have even greater potential if it was made using a metal oxide instead of a metal sulfide and by using Goodenough’s cathode as a basis, Akira Yoshino created the first commercially viable lithium-ion battery in 1985.

The 2019 Nobel Prize for Chemistry was awarded to the 3 inventors of the lithium-ion battery

Nano One could be the next winner

Canada’s Nano One Materials Corp. (TSXV: NNO) has the potential to make today’s lithium-ion battery much better using nanotechnology. Nano One has developed powerful technologies that are fully patented. Nano One uses a scalable industrial process for producing low cost, high performance, battery materials. Now that’s a winning formula and means that one day Nano One could potentially also be receiving awards for chemistry.

The Nano One process aims to increase performance and safety while reducing the cost of battery materials for applications in advanced lithium ion batteries used in transportation, grid storage and consumer electronics.

Nano One gets a visit from Canadian Prime Minister Justin Trudeau

You know you are doing something right if the Prime Minister comes to check out your work. Nano One were very excited to receive a personal visit from Canadian Prime Minister Justin Trudeau to Nano One’s pilot facility in Burnaby BC.

Prime Minister Trudeau received a tour of the pilot and laboratory facility and watched a demonstration in the process of making cathode materials such as lithium iron phosphate (LFP) and lithium nickel manganese cobalt (NMC). He then participated in the assembly of electrodes and separators into lithium ion battery test cells.

The Prime Minister was visiting British Columbia to announce a climate change initiative and a cut in corporate taxes for companies that develop technologies or manufacture products that have zero emissions.

Mr. Dan Blondal CEO of Nano One commented on the visit: “It is great to see increased support on climate change initiatives, and Nano One is pleased to have the ongoing support of the Government of Canada.”

Nano One receives further support

Nano One has received over $10 million in non-dilutive non-repayable support funding that has been critical in expanding its scientific, engineering and marketing activities as it advances towards commercialization. As well as funding from the Canadian government, Nano One has strategic partnerships with Volkswagen, Pulead Technology and Saint-Gobain.

The news of the Nobel Prize in Chemistry for 2019 having been awarded to the developers of lithium-ion batteries will only bring greater attention to lithium and Nano One’s technology. Ever since they entered the market in 1991, lithium-ion batteries have continued to revolutionize our lives. They have laid the foundation of a wireless, fossil fuel-free society, and are of the greatest benefit to humankind.

Nano One’s patented process for making cathode materials is changing the way the world makes battery materials, addressing waste, cost and performance. The mission is to establish its patented technology as a leading platform for the global production of a new generation of battery materials.

Certainly Nano One looks to be on the winning path with top tier international partners (Saint-Gobain, Pulead, and Volkswagen), potential award winning technology, and backing from the Canadian Government.

Nano One looks to be a winner and still with a market cap of only C$ 81.9 million.