Tesla & GM 1Million Mile Battery - NVX to supply Graphite, Electrolyte & Cathode, page-529

I have adjusted the profit calculations to include the 348million shares and $US1:$A0.69.






As we wait for the first milestone ASX announcement, we need to look at the size of each Supply Agreement.

A single EV Battery factory that manufactures 30GWh of EV batteries each year, consumes 33,000tonnes per annum of graphite anode material.

So a single Supply Agreement for Novonix's PUREgraphite anode material for one factory is worth $304million in profit....





Don't forget though, in order to get to 1.5Million Miles EV Battery Makers need to purchase

1. PUREgraphite anode material (Supply Agreement), AND
2. Single Crystal Cathode+DPMG (Royalty License Agreements) AND
3. NVX Premium Electrolytes (Royalty License Agreements).

Without all three components of the EV battery, they can't get to 1.5million miles.