David stated in the agm presentation that Manuel did some work on cost savings
If EV1 used anteox, we can generate $300m extra profit for them by cost savings.
so $589US savings per car was presented today.
that is around a production figure of 500k ev vehicles. most ev companies have plans to produce more ev's than that in the coming years.
in far east's article he gave "it leaves the potential for an operating margin of $600m p.a."
if we can save an ev company $300m/year and improve energy retention, these figures aren't just pie in the sky numbers.
have to get a commercial deal 1st but the risk vs reward for anteotech (IMO) is looking most excellent....
David stated in the agm presentation that Manuel did some work...
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