Thanks for clarifying. After reading their website I am impressed at their investors (SAAFT, Stellantis, Mercedes) and their rapid growth. Below is an extract from their website.
”It seems a long time ago, but it was only 2020 when we built our initial R&D Center in Bordeaux. Soon after, we built our Pilot Plant in Nersac. The first gigafactory is due to start operations in 2023 in the Hauts-de-France. Then next to come will be our second gigafactory in Germany in 2025 and a third gigafactory in Italy. Our production capacity will ramp-up until it will reach 120 GWh in 2030. That represents two million batteries annually”
Two million batteries annually is a lot. Imagine signing with ACC and saving them 598 USD per battery/vehicle. You do the math. Then all the IP technology advantages they would get that ADO have validated multiple times.
Looking forward to some more announcements.
Thanks for clarifying. After reading their website I am...
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