PLS 0.94% $3.16 pilbara minerals limited

Presentation on Electric Cars powered by lthium??, page-10

  1. 4,905 Posts.
    lightbulb Created with Sketch. 1
    I get your point re moving fast, however I cannot remember who posted recently, countering any fear that Li-Ion will be supplanted by the "next big thing".

    "Tesla is building a $5 billion “gigafactory” in Nevada in partnership with Panasonic, its Japanese battery supplier. Production should start next year and by 2020 reach the equivalent of enough lithium battery-packs to power 500,000 cars".

    These investments will not be thrown out and replaced in a short term approach to the next big thing in battery tech. Anyway we could argue the facts and opinions, but placing your bets now on PLS ticks all my risk/reward assessments.

    http://www.economist.com/news/techn...adily-improving-new-research-aims-turbocharge
 
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