Regarding these new US tariffs, there are actually very few Chinese-made EVs sold into the US.
More significantly (in the short-term, at least) tariffs on Chinese-made lithium-ion batteries will also be increased, from 7.5% to 25%
Unlike Chinese EVs, the US imports a lot of Chinese batteries (about 1/5th of Chinese production, by value.)
What this does is strongly incentivize the development of cathode production capacity in or near the US, which has the knock-on effect of incentivizing local upstream production. (Roughly, from upstream to downstream: feedstock -> conversion to chems -> pCAMs -> CAMs -> cathodes -> batteries)
It makes Adina-Renard more valuable, and makes it more likely that WR1 will be acquired outright, or that a strong partnership will be formed with a midstream player who can convert Adina's SpodCon.
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Mkt cap ! $116.8M |
Open | High | Low | Value | Volume |
53.5¢ | 57.0¢ | 51.5¢ | $928.2K | 1.732M |
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No. | Vol. | Price($) |
---|---|---|
1 | 4705 | 54.0¢ |
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Price($) | Vol. | No. |
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57.5¢ | 57133 | 2 |
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No. | Vol. | Price($) |
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1 | 4705 | 0.540 |
2 | 17275 | 0.535 |
1 | 5553 | 0.530 |
2 | 12388 | 0.525 |
1 | 10000 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.575 | 57133 | 2 |
0.580 | 33732 | 5 |
0.585 | 74655 | 3 |
0.590 | 75000 | 1 |
0.600 | 25681 | 2 |
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