After further research into our partners and our partners partners the tentacles in the battery space go deep and it’s quite possible our lithium will be used in the battery packs on Nissan Leafs.
Burwill has a substantial holder by the name of GSR capital Ventures.
https://www.bloomberg.com/press-rel...s-investor-and-raises-funds-of-hkd158-million
GSR capital ventures was founded and is chaired by Mr Sonny Wu.
Mr Sonny Wu is involved with Boston power, lattice power and other initiatives focused on batteries and EVs. He is no slouch, educated at Berkeley and MIT.
https://www.linkedin.com/in/sonny-wu-823b314/
https://www.crunchbase.com/person/sonny-wu
IF anybody keeps up to date into the ongoing of battery players they might remember that Nissan decide to offspin there battery manufacturing division and it was Sonny via GSR capital ventures that took it over for $1B approx not long ago and I suspect they are locking in supply from BALD hill indirectly through Burwill. This deal also give them a seat into the Chinese auto market;
“Buying the business will allow GSR to take advantage of global automakers’ pursuit of sales in China, the world’s biggest electric-vehicle market. The Chinese government has required EV producers to choose from a list of approved battery vendors, all domestic makers, to receive subsidies.”
“The battery-making company under GSR will continue to be the exclusive supplier for the Leaf EV, Wu said. It will also handle development of cell modules and Nissan will design battery packs, which goes hand in hand with automotive design, Maxfield said.”
GSR have big ambitions and with a goal of 30Gwh by 2020, it’s no wonder Tawana are looking to expand as quick as possibly to supply GSR needs.
“GSR will further invest in R&D, expand existing production capacity in the U.S., U.K. and Japan, and also establish new facilities in China and Europe, Wu said. GSR plans investments in production facilities to increase capacity to 30 gigawatt-hours in China by 2020, according to Wu.”
https://www.google.com.au/amp/s/www...ell-battery-venture-to-gsr-no-terms-disclosed
Boston power has also got big ambition in the battery space although I can’t seem to find much on them recently this article was couple years ago
https://www.google.com.au/amp/s/www...o-rival-tesla-with-gigawatt-battery-factories
A bright future ahead for Tawana, have a nice day y’all
