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Ann: ASX Small and Mid-Cap Conference 2020, page-94

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greenpuck

247 Posts.

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10/09/20

14:36

Post #: 47241848
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Originally posted by Feral54: ↑

That was in reference to Samsung's cells. What I expect may happen on BD is that Elon may state that our anode is in his MMB. That being so I would expect Panasonic Nevada to commence manufacture at some appointed time in the future. Once announced and signed off this will enable NVX to ramp. Either way we need battery day out of the way IMO.
In regard to Samsung it may be that 500t is a minimal quantity for a "run" on their assembly line hence the delay until they have sufficient product. I expect that Lucid would have at least a years supply of batteries from that 500t if indeed it is in their battery at all, which St Baker would neither confirm or deny. I suspect Lucid is some time from delivering at any scale so I dont see the time lines as excluding anything at present. Feral

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From understanding Samsung SDI is no longer supplying Lucid. It's LG Chem. They are using LG Chem's cylindrical cells to avoid supply issues.

NVX Price at posting: $1.84 Sentiment: None Disclosure: Not Held
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