It was the july 4C where they announced an EV manufacturer was interested in incorporating our technology in their next EV model prior to Design freeze
"Another opportunity developed from discussions with EV manufacturers, is to leverage Anteo X™ to decrease
several of the costly input materials, thereby reducing the cost of the anode significantly. Further work is
planned in conjunction with one EV manufacturer to prove this approach on a prototype scale model prior to
a “Design freeze” for their next generation car battery"
Next October 4C
"After the Quarter end, AnteoTech secured its first purchase order for Anteo X
TM from a major EV
manufacturer. This purchase order of approximately $60,000 for delivery by the end of 2023, will
enable the EV manufacturer to commence testing Anteo X
TM on a prototype high silicon anode battery
model for potential inclusion in their EV range.
This initial purchase order represents a major milestone for AnteoTech and while the amount of the
initial order is not significant, it demonstrates the key value proposition of incorporating Anteo XTM
into higher silicon anodes to EV manufacturers who have been unable to solve this issue, despite a
highly competitive market for new battery technologies. Subject to the successful technical validation,
both parties intend to continue development work and to map out a long-term relationship."
How close would we be to design freeze ? - I assume they are referring to the Brand names mentioned.
Who else would be in that space? David mentioned not many if any do what we do - Lets hope so.
Cheers
M.oz
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