these facts have been crossing my mind for parts of the weekend.
we have been told that ev1 is a well known marquee brand in Europe.
David has told us that Anteotech are in front of the pack in anode tech and if we continue our tech performance anteoX will be in their entire ev range.
in July they asked us to use our CET thru anteoX to increase performance of their battery and reduce the production cost.
"AnteoTech was able to achieve the following Project outcomes (refer slides 14-16 of Presentation) by optimising the anode formulation and the addition of Anteo X:
- 10% increase in capacity retention;
- 15-fold reduction in the usage of Carbon Nano Tubes or CNT in the anode configuration"
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then a week ago, ev1 placed their 1st order and we have delivered to them a complete anode for further testing.
so we were able to increase capacity retention by 10% and reduce their anode cost by $589US ($880AUS). where is another company that can give that performance ?
this saving is only for ev1 with the reduction of carbon nano tubes and mightn't be the same for other companies, but who cares. this is for an European marquee brand ev company.
what is the risk vs reward, if ev1 signs a commercial deal for a $79m m/cap company? as I said above, show me a company that has produced performance improvement while at the same time reducing cost of the anode by 59% !!!!!
2024 the year of ADO..........
IMO, DYOR, GLTAH etc etc
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