Thanks for clarifying. After reading their website I am impressed at their investors (SAAFT, Stellantis, Mercedes) and their rapid growth. Below is an extract from their website.
”It seems a long time ago, but it was only 2020 when we built our initial R&D Center in Bordeaux. Soon after, we built our Pilot Plant in Nersac. The first gigafactory is due to start operations in 2023 in the Hauts-de-France. Then next to come will be our second gigafactory in Germany in 2025 and a third gigafactory in Italy. Our production capacity will ramp-up until it will reach 120 GWh in 2030. That represents two million batteries annually”
Two million batteries annually is a lot. Imagine signing with ACC and saving them 598 USD per battery/vehicle. You do the math. Then all the IP technology advantages they would get that ADO have validated multiple times.
Looking forward to some more announcements.
- Forums
- ASX - By Stock
- ADO
- A few km into the marathon.
A few km into the marathon., page-354
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADO (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.36M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 2.0¢ | $33.18K | 1.658M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2717347 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 723484 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 2717347 | 0.020 |
9 | 3029136 | 0.019 |
8 | 1708888 | 0.018 |
8 | 1211559 | 0.017 |
5 | 963250 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 723484 | 6 |
0.022 | 442896 | 6 |
0.023 | 979953 | 9 |
0.024 | 1279435 | 5 |
0.025 | 2195344 | 5 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
ADO (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online