How to buy Our Next Energy (ONE) stock?

3 min read | January 06, 2022 08:39 PM AEDT | By Raza Naqvi

How to buy Our Next Energy (ONE) stock? — Image source: © Beer5020 | Megapixl.com

Can you buy Our Next Energy (ONE) stock?

Unfortunately, you cannot buy Our Next Energy stock as it is not a publicly traded company. Potential investors are searching for the battery maker's stock. However, it is not available as the company remains private.

Our Next Energy has not announced an initial public offering (IPO) plan, and if it happens, retail investors will have a chance to buy ONE stock.

Our Next Energy (ONE) Stock
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Our Next Energy: Key details

Established in July 2020, Our Next Energy has designed a battery named Gemini 001, which achieved the feat of running 752 miles without recharging.

Our Next Energy aims to pave the way for an electric future and is working to enable the world to access sustainable power.

Also Read: How to buy Fanatics stock as it 'acquires' Topps for $500M?

Gemini 001 is an experimental battery, and the company is looking to produce more such batteries after the successful trial. Notably, the battery has an energy density of 416 Watt-hours per litre.

ONE aims to create batteries that give a mileage superior to the best of current electric vehicles. At the moment, the top model of Lucid Air offers a range of 500 miles.

Bottom line

A Markets and Markets report suggests that the global market for electric vehicles is expected to grow at a compound annual growth rate (CAGR) of 26.8 per cent between 2021 to 2030.

As the world is committed to fighting climate change, electric vehicles are expected to become mainstream in the next few years.

Also Read: Waymo IPO plans: Can you buy this EV stock?

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