MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: Investor Update-MNS.AX, page-6

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  1. 591 Posts.
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    Volkswagen Group gets a mention. I believe the Germans will revolutionise the automobile industry! They predict 25% of all cars sold will be electric by 2025. Thats 2-3 million electric cars from the Volkswagen Group alone. Then you have Mercedes who is working very hard behind the scenes to get their electric cars up and running.

    This trend shift of cars becoming electric is a lot bigger than we all imagined a few years ago. But its seems that it will happen much quicker than we anticipated. 2025 is only 8.5 years away. But as competition between the big cars manufacturers intensifies these time frames could significantly be reduced!
 
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