LIZ: AUSTRALIAN LITHIUM MINOR
HAS INKED A DEAL WITH FORD TO
SUPPLY THE AUTO MAKER WITH
150,000 TONS OF LITHIUM OVER THE
NEXT FIVE YEARS.
NOW LITHIUM, OF COURSE IT’S LIKE
PLATINUM AND GOLD ALL PUT
TOGETHER WHEN IT COMES TO EV’S
BECAUSE IT IS THE MAIN ELEMENT
THAT MAKES ELECTRIC VEHICLE
BATTERIES COME TO LIFE.
ONE OF THE MOST POPULAR EV’S ON
THE MARKET FORD F-150 ALL
ELECTRIC LIGHTNING CAN ALSO BE
CHARGED BY THE SUN WITH HELP
FROM SUN RUN.
THE NATIONS LEADING HOME SOLAR
COMPANY IS RECENTLY PARTNERED
WITH FORD AND ITS F-150
LIGHTNING TO BRING A CLEAN NEW
ENERGY SOURCE TO THE EV, AND
YOUR HOME.
TODAY’S SUN RUN IS CELEBRATING
ITS 15 YEAR ANNIVERSARY IT’S THE
NATIONS LEADING HOME SOLAR
BATTERY AND ENERGY RESOURCES
PROVIDER.
LET US BRING IN THE CEO OF SUN
RUN, MARY POWELL.
MARY, I LOVE THIS FORD STORY.
I LOVE THE WHOLE FORD LIGHTNING
STORY BECAUSE IT’S ABSOLUTELY
FASCINATING.
THEY ARE ALL SOLD OUT BUT HOW
DID THIS DEAL COME ABOUT?
>> OH, MY GOODNESS.
WE ARE SO EXCITED, LIZ.
IT’S SO WONDERFUL TO TALK TO YOU
TODAY ON OUR 15 YEAR ANNIVERSARY
AND TO TALK ABOUT FORD.
I MEAN, THE NUMBER ONE SELLING
VEHICLE IN AMERICA, FOR THE LAST
40 YEARS, LIKE NO WONDER THEY
ARE SOLD OUT, RIGHT?
IT’S JUST IN CREDIBLE.
THE CUSTOMER INTEREST IN FORD,
IN WORKING WITH US, IN THAT BI-
DIRECTIONAL CHARGER THAT
WE CO-DEVELOPED WITH THEM, SO
AGAIN, WE ARE JUST BEYOND
THRILLED TO BE PROVIDING THIS
KIND OF INNOVATIVE SOLUTION
TO CUSTOMERS, AT A TIME WHEN
ENERGY COSTS ARE GOING CRAZY,
RIGHT?
COSTS AT THE PUMP ARE GOING
CRAZY.
UTILITY COSTS ARE RISING.
SO THE FACT THAT WE CAN WORK
TOGETHER WITH FORD AND WITH
CUSTOMERS THAT ARE INTERESTED IN
A FORD F-150 LIGHTNING, AND WHO
ARE INTERESTED IN SOLAR, AND
BRING IT ALTOGETHER TO CREATE
ENERGY INDEPENDENCE, MORE
AFFORDABLE ENERGY, WHAT’S NOT TO
LOVE?
SO WE ARE JUST SO EXCITED.
LIZ: EXPLAIN TO US HOW IT WORKS.
WE’VE BEEN LOOKING AT YOUR ROOF
PANELS, AND WE ALSO NEED TO TALK
ABOUT COST THERE, BECAUSE YES,
GASOLINE IS VERY EXPENSIVE, BUT
LET’S TALK ABOUT THE COST TO
SOLARIZE AN ENTIRE HOUSE,
DEPENDING OBVIOUSLY ON THE
SQUARE FOOTAGE.
>> OH, WELL MY GOSH.
I MEAN, LIZ, THAT’S THE AMAZING
THING.
SO SUNRUN, ONE OF THE THINGS
THAT REALLY ATTRACTED ME TO THE
COMPANY IS SUNRUN IS THE ONE
THAT DEMOCRATIZED SOLAR.
THEY ARE THE ONES THAT REALLY
CAME UP WITH A FINANCING MODEL
TO MAKE IT AFFORDABLE AND
ACCEPTABLE TO ALL SO REALLY NO
MONEY DOWN, ONE EASY PAYMENT,
YOU TOO CAN HAVE SOLAR ENERGY AT
A LOWER COST FOR YOUR HOME, SO
IT’S REALLY AMAZING TO BRING
THAT TOGETHER WITH, AGAIN, THE
F-150 BECAUSE WHAT WE’RE
FINDING IS MORE AND MORE,
AMERICANS WANT CLEAN ENERGY
INDEPENDENCE, RIGHT?
THEY DON’T WANT TO BE DEPENDENT
ON OTHERS.
THEY DON’T WANT TO RELY ON
UTILITIES IN CALIFORNIA WHERE
THE POWER GOES OUT ROUTINELY.
THEY DON’T WANT TO WORRY ABOUT
STORMS AND EVENTS, SO BRINGING
THESE TECHNOLOGIES TOGETHER IS
INCREDIBLY POWERFUL IN
ACCELERATING WHAT, YOU KNOW, I
ALWAYS VIEWED AS A CUSTOMER-LED
REVOLUTION TO THESE NEW
TECHNOLOGIES THAT ARE SO MUCH
MORE INNOVATIVE AND EFFECTIVE IN
SERVING AMERICANS.
LIZ: AND WE SHOULD POINT OUT, I
MEAN, NATURAL GAS MAYBE DOWN
TODAY BUT IT IS NOT CHEAP AT ALL
IT WAS $9 PER MILLION BRITISH
THERMAL UNITS RIGHT NOW IT’S
MORE LIKE 6.47 BUT ARE YOU
WORKING WITH OTHER EV COMPANIES
TO HAVE THIS SAME DEAL AND I
KNOW IT WOULDN’T BE TESLA
BECAUSE OF COURSE TESLA OWNS
SOLAR CITY, WHICH IS ALSO A
RESIDENTIAL AND COMMERCIAL SOLAR
PANEL COMPANY, BUT WHAT OTHER
OPPORTUNITIES DO YOU SEE AS FAR
AS THE RUNWAY IN EV’S IS
CONCERNED?
>> I MEAN, EV ADOPTION IS
EXPLODING AND TO YOUR POINT, LIZ
, LIKE YES.
PRICES CAN GO DOWN ONE DAY, SO
WE ALL KNOW IS FUNDAMENTALLY
FOSSIL FUELS IS A VOLATILE, WITH
A TRAJECTORY THAT’S GONE UP, AND
GONE UP VERY HIGH LATELY, SO THE
REALITY IS WHEN YOU’RE POWER
ING FROM THE SUN, THE SUN
DOESN’T CHANGE ITS PRICE.
IT’S GENERATING, RIGHT AND
CREATING THAT CLEAN, AFFORDABLE
ENERGY FOR ALL, SO YES, WE’VE
BEEN IN CONSTANT CONVERSATIONS
WITH DIFFERENT OEM’S WORKING
TOGETHER ON DIFFERENT PRODUCTS
AND APPROACHES AND VERY MUCH OUR
VIEW, OUR FOCUS FOR SUNRUN IS
REALLY BEING THAT BELOVED
TRUSTED PARTNER OF AMERICANS, AS
THEY MOVED MORE ENERGY
INDEPENDENT RESOURCES, SO AGAIN,
NOT JUST WITH THE FORD F-150
VEHICLE, BUT HOPEFULLY BEING
REALLY THAT GATEWAY TO OTHER EV
ADOPTION, FOR THE CUSTOMERS SO
WE ARE VERY EXCITED ABOUT THIS ,
AS YOU KNOW, IT’S REALLY GROWING
, WHAT’S HAPPENED
RECENTLY IS ONLY MAKING IT GROW
FASTER AND WHAT’S HAPPENING FROM
AN INFLATION PERSPECTIVE, I MEAN
, I SHOULD ADD, WE’RE A
PRODUCT THAT ACTUALLY WHEN
PRICES ARE RISING, YOU KNOW, IF
THERE IS A RECESSION LIKE WE’RE
THE KIND OF PRODUCT CUSTOMERS
WANT, BECAUSE WE’RE THE COMPANY
THAT’S PROVIDING THEM WITH A
MORE AFFORDABLE WAY TO POWER
THEIR FUTURE.
LIZ: WELL YEAH THE SUN DOESN’T
RAISE ITS PRICES I LIKE THAT
LINE.
NOW, WE KNOW THAT THE BIDEN
ADMINISTRATION HAS JUST PUT A
PAUSE ON THE TARIFFS THAT WERE
SLAPPED ON CHINESE SOLAR PANELS.
HOW DO YOU VIEW SOMETHING LIKE
THAT?
I SEE BOTH SIDES WHERE SOME ARE
SAYING WAIT A MINUTE, WE’RE
GOING, WE’RE SUPPOSED TO BE
GOING ALL IN ON CLEAN ENERGY AND
YET, NOW WE’RE SUDDENLY GOING TO
BE MORE DEPENDENT ON CHEAPER
IMPORTS OF SOLAR PANELS AND
PHOTOVOLTAIC PANELS FROM CHINA
VERSUS, WELL, LET’S DO BUSINESS
HERE.
IT MAY HELP COMPANIES LIKE YOURS
RAMP UP MORE QUICKLY.
>> WELL I MEAN, YOU KNOW, THE
REALITY IS SUNRUN WAS A
LEADER, FRANKLY IN ENSURING THAT
ALL OF THE VENDORS THAT WE WORK
WITH MEET REALLY HIGH STANDARDS,
SO FROM OUR PERSPECTIVE, THE
INVESTIGATION DIDN’T MAKE A
LOT OF SENSE.
THE INDUSTRIES BEEN DOING A LOT
OF WORK.
WE ABSOLUTELY SUPPORT THE NOTION
OF MORE MANUFACTURING, REALLY,
AS THIS CUSTOMER REVOLUTION
ACCELERATES, LIZ, THE REALITY IS
WE’RE GOING TO NEED LOTS OF
COUNTRIES INCLUDING OUR OWN IN
THIS SPACE, AGAIN, GENERATING
ECONOMIC VALUE FOR THE COUNTRY,
SO AGAIN, WE SEE OPPORTUNITY IN
THE U.S..
WE REALLY LOVE ALL THE PARTNERS
THAT WE WORK WITH AND WE’VE
ALWAYS BEEN A LEADER IN ENSURING
THAT AGAIN, THOSE THAT WE WORK
WITH FOLLOW VERY STRICT
PROTOCOLS, SO WE’RE ALREADY ON
THE RECORD AS SAYING WE DON’T
THINK THE INVESTIGATION IS
NEEDED, AND IT’S TIME TO MOVE
FORWARD, AND TIME TO ALLOW
CONSUMERS TO DO WHAT THEY WANT,
WHICH IS THEY WANT MORE ENERGY
INDEPENDENCE.
LIZ: ALL RIGHT WE’LL BE WATCHING
, AND LET US KNOW WHEN
YOU GET YOUR NEXT EV DEAL.
WE’RE VERY INTERESTED IN COVER
ING THIS ANGLE.
>> AWESOME, WONDERFUL.
NICE TO CHAT WITH YOU LIZ.
LIZ: GREAT TO HAVE YOU ON MARY