So..... 30% increase, but no cycle life data what so ever. Bit of a red flag.
Only at lab scale as well. It's a start. But, lab to pilot then production. Add in qualifying anode materials at scale for a Tier 1 manufacturer is no easy job and takes years.
Production scale and supply chain logistics up is another completely ball park ($$$$)
On face vaule, there is a lot of work to be done here for this company with $3 million in the bank to do!!!
Will add to my watch list. But, on the side lines atm. Much risk and this is only at lab scale .
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