Thanks for the link @Simmpa, I like this paragraph: "GM skipped...

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IonMan

768 Posts.

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19/09/16

09:45

Post #: 19243415
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Originally posted by Simmpa ↑

Here’s another interesting article from Bloomberg about the ongoing evolution of the EV market. General Motors has announced the cheapest value for range EV so far. It’s not as flashy as Tesla’s cars, no, but it is cheaper and on all accounts quite serviceable.

KNL’s connection? LG Chem makes and supplies the batteries for GM. LG Chem is a client of Sojitz. So I suppose the question begs, who is the end buyer for the Sojitz natural-flake-spherical-graphite deal? Is it Tesla through Panasonic or GM through LG Chem? In any event the buyers are quite literally lining up!

The 200t sample caught someone’s attention. I just wonder who?

I remember reading a negative comment last week suggesting Merelani and Tanga would never be producing mines. I’d suggest with LG Chem and Panasonic on-board (GM and Tesla), plus the EGT (SGL? With their BMW connection) and ThyssenKrupp already committed, there’s every chance all three will be developed. That Sojitz Tanzanian exclusivity clause is looking more and more valuable by the day!

This also highlights just how small the graphite world is, and KNL appears to be winning influential customers where it really matters. Personally I had no idea Sojitz fingers spread so far. Maybe we need a new tag-line, something like; “KNL, we are the EV market”.

http://www.bloomberg.com/news/articles/2016-09-16/elon-musk-wanted-a-race-now-he-has-one

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Thanks for the link @Simmpa,

I like this paragraph:

"GM skipped this step and outsourced battery production entirely to its partner, LG Chem. The chemical company, based in Seoul, has done a remarkable job of bringing down the costs of battery packs for GM, but it has nowhere near the 35 gigawatt hours of annual battery production that Tesla's $5 billion Nevada Gigafactory is projecting by 2018. Even if the Bolt were somehow to capture the sort of interest generated by Tesla's Model 3—which has collected almost 400,000 deposits—it's not clear how GM and LG Chem could deliver them."

Perhaps this is a little clearer to KNL holders than it might be to others.

KNL Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
12 Upvote

0 Great analysis

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