The lifespan for EV batteries is around 10 - 15 years.
But it depends on the owner & how they treat the vehicle. Some people look after their cars & others drive them into the ground. So, some batteries could last 5 years while others could last 25 years.
"Europes early adoption of EV’s is why I was positive and excited investing in a company wanting to recycle EV batteries in that continent"
RIL listed at the end of 2022, so by the end of 2024 will be two years.
I would strongly encourage all shareholders to read that prospectus.
RIL battery recycling discussion, page-412
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $10.98M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $19.62K | 4.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 15293723 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 114090 | 1 |
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| Last trade - 13.44pm 08/10/2024 (20 minute delay) ? |
| RIL (ASX) Chart |