Lightweight Metal Becoming Scarce For Aluminum Makers Seeking Old Or Shred-ded Gasoline Cars For Carmakers As Drivers Keeping Cars Longer Amid Higher Prices For OEM And Used Cars; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Bright Future In Electric Cars, EV Charging Stations

Aluminum makers are seeking more used or shredded conventional gasoline cars as they are trying to find more light metals to supply electric car makers for future production, a Wall Street Journal report says. As drivers hang on to older cars longer as they face sharply higher OEM prices for electric vehicles and used cars, light metals and aluminum for new car makers is becoming scarce. Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Bright Future In Electric Cars, EV Charging Station

stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunburn, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).

Lightweight Metal Becoming Scarce For Aluminum Makers Seeking Old Or Shredded Gasoline Cars For Carmakers As Drivers Keeping Cars Longer Amid Higher Prices For OEM And Used Cars; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Bright Future In Electric Cars, EV Charging Stations

As the industry is in a transition period from alone power cars and hybrids to all electric new cars, drivers are caught in a financial middle. So, they are keeping older gasoline-powered traditional cars longer. Scrap aluminum for the six remaining metal smelters in the U.S. — down from some two dozen 20 years ago — means that lightweight metals for OEM car makers is growing scarce.

Companies from Norway and Canada are adding plants in the U.S. that produce the lightweight metals used by OEM auth makers. Demand for that supply grew 11% last year according to the Aluminum Association trade group.

Lightweight Metal Becoming Scarce For Aluminum Makers Seeking  Old Or Shredded Gasoline Cars For Carmakers As Drivers Keeping Cars Longer Amid Higher Prices For OEM And Used Cars; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Bright Future In Electric Cars, EV Charging Stations.

All of this bodes well for SIRC. As the demand for electric cars increases, so does the need for a national network of EV Charging Stations to keep them charged for more driving in the future. Lightweight Metal Becoming Scarce For Aluminum Makers Seeking Old Or Shredded Gasoline Cars For Carmakers As Drivers Keeping Cars Longer Amid Higher Prices For OEM And Used Cars; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Bright Future In Electric Cars, EV Charging Stations

Aluminum scrap shortages tell the real story of how drivers are keeping current cars now, but they cannot do so forever. Eventually, they will need new cars built from scrap aluminum recycled for OEM automakers.

Making new cars from the scrap of old ones is a growing and lucrative business. Drivers will in a few years have little choice but to buy electric models in the future as major players such as Ford (NYSE: F) and General Motors (NYSE: GM) ready all electric lines of new cars.

For EV Charging Station installers like SIRC this is all positive news for the future. More scrap, more new electric cars — and more needed EV Charging Stations.

Overall, SIRC sees the massive benefits offered by alternative energy in solar and non-gasoline cars — emitting less carbon into the environment and building a greener, cleaner environment. It installs rooftop solar systems backed by rechargeable solar batteries and EV Charging Stations. for electric vehicles.

At the recent NY Automotive Show, electric car models stole the show with imported models in the $40,000 price range that are well built, perform well and keep drivers away from the $5-$7 per gallon gas prices they see everyday.

SIRC is building a nationwide energy brand. Through its subsidiary PLEMCo., SIRC is in the EV Charging Station business and hopes to grow with more acquisitions in this space. It has already signed an LOI to acquire three LA-based complementary EV Charging Station companies.

Lightweight Metal Becoming Scarce For Aluminum Makers Seeking  Old Or Shredded Gasoline Cars For Carmakers As Drivers Keeping Cars Longer Amid Higher Prices For OEM And Used Cars; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Sees Bright Future In Electric Cars, EV Charging Stations.

Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.

Source: Stock Market Press

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