Ann: Quarterly Report/Appendix 5B, page-47

Every month that passes by with another Multi-Billion Dollar Investment in the US from the likes of Panasonic, SK Innovation, LG Energy, Samsung, AESC etc, surely the alarm bells would be getting louder at IM3 HQ that the Tier 1's are growing at Record Pace and are dominating the market

Just imagine at what the North American Battery Factory Map will look like in another 12 months time as the Tier 1's continue to expand

Tier 1 Companies Like Tesla, GM, Ford, VW etc Only do Business with Tier 1 Battery Manufacturers (The writing has to be on the wall, It is clear as day)