Ann: 2023 Annual Results Presentation, page-33

Seto wants to make sure that NMC is a better choice or ultimate choice
for batteries in that a lower nickel price will enhanced the NMC technology
to be longer range and be able to mass produced cheaper. For one thing ,
the NMC semi solid state high content NMC 811 is now in commercial stage.
Other technology such full Solid State may not be viable once semi solid state
dominates the market. The only reason I'm not buying EV right now like the rest is
Range Anxiety. Those 1000 Kms / Charge range starts coming in volume by middle of 2024.
That I think will jump start EV Market. Nice Rally in the sp, Now all gaps filled.
Next week will be interesting. Have a good weekend.