ADO 0.00% 1.9¢ anteotech ltd

Ann: AnteoTech secures $1.4m Qld Grant Funding, page-95

  1. 8,927 Posts.
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    Hi Captain , We could be selling 240,000 x $400 ($96 million) to just one major European EV manufacturer , silly why the share price drops when ADO receives $1.4 million non dilutive funding ,

    Mercedes-Benz has dropped its target to sell electric cars only "where market conditions allow" by 2030 as demand for battery-powered vehicles lifts off the accelerator pedal.
    The goal was made public in 2021 alongside an ambition to have 50 per cent of its European sales made up of hybrid and electric cars by 2025 – a target now delayed to “the second half of the decade”, Mercedes-Benz CEO Ola Kallenius told investors last week.
    Mercedes-Benz reported 240,000 electric vehicles as sold globally in 2023, an increase of 77 per cent over 2022.
 
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