what's more FrankMe.. DRC will be the cheapest EV Batteries in the WORLD !
"...the DRC can produce batteries three times cheaper than the United States and China and two times cheaper than Poland."
at a time when some Lithium Commentators ie Simon Moore of Benchmark Minerals Intelligence(UK) are starting to jump up & down making noises as to the increasing prices of raw Battery metals/Minerals and its affect on Cathode prices
I say Boo-hoo to that...reduce the margins on the other parts of the EV..! & the targeted $100/kw raise this & make the other parts cheap
The Battery is the star of the EV
so much good stuff in this article:
the Prime Minister's office, the Deputy Executive Secretary of the United Nations Economic Commission for Africa, Antonio M.A. Pedro.
The latter was brought to the Head of Government by the Minister of Industry, Julien Paluku Kahongya.
Their discussions revolved around the organization, from November 24 to 25, 2021, by the Ministry of Industry, of a Business Forum dedicated to the development of a value chain and a dynamic market for batteries, vehicles electricity and renewable energies in Africa.
According to the Deputy Executive Secretary of the United Nations Economic Commission for Africa (ECA), the DRC has all the assets necessary to position itself as a pioneer country in the production of electric batteries on the African continent.
"It was an opportunity to brief His Excellency the Prime Minister on the preparation of a forum which will be a very big event for the Democratic Republic of Congo and for Africa.
Today we shared the very important indicators that confirm the position of the DRC as a forerunner in the production of electric batteries.
According to the figures we already have, which will be shared with the Government when the Bloomberg report is presented,
the DRC can produce batteries three times cheaper than the United States and China and two times cheaper than Poland.
So that means that the DRC is strategically well positioned for the energy transition which concerns everyone, ”said Mr. Antonio Pedro.
