I suspect what LiS are telling us is that its best to leave the cut throat world that is EV batteries to the likes of LFP tech where prices have droped below $100 per kW .... leave that to the turkeys like CATL and BYD and soar like an eagle into the E-Aviation market's ascent to lofty heights, out of reach to others because of weight and low power density issues. Its starting to dawn on me what a great strategy this is, for why pursue the low margin part of the market that is rapidly becoming saturated with competitors producing a commodity product when you can get a foothold in a new market with explosive growth at premium prices?
LIS Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
