In addition to Tesla, we have Goldman Sachs backed EV battery maker Northvolt signing a $US2.3Billion contract with BMW for electric vehicle batteries.
If BMW want their EV batteries to last for 1.5million miles or more.
Northvolt would need to sign a Supply and Royalty agreements for Novonix’s
1. Puregraphite anode AND
2. Novonix’s Single Crystal CathodeDPMG patent AND 3. Novonix’s Electrolytes!
An ASX announcement confirming Novonix has signed on even one of these EV battery makers, and Novonix’s share price will lift to new highs, before Tesla’s Battery Day!
https://www.bloomberg.com/news/articles/2020-07-16/bmw-signs-2-3-billion-battery-order-with-goldman-backed-firm
Ann: NOVONIX INVESTOR WEBINAR PRESENTATION, page-96
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70.5¢ |
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Mkt cap ! $344.7M | |||
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