FFX 0.00% 20.0¢ firefinch limited

Just to note, Doesn't it make more sense to sorce the lithium...

  1. 994 Posts.
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    Just to note,
    Doesn't it make more sense to sorce the lithium frpm Mali
    than transport it around the world from Asia? Same goes
    for producing battery cells locally?
    My opinion.
    K


    Surprisingly, Hungary is quickly becoming an important hub for electric vehicles.
    Beyond BMW’s upcoming new EV production capacity in the country, SK Innovation announced a new electric car battery gigafactory in Hungary.
    Samsung is also working on its battery factory in the country. They plan to manufacture enough batteries to support the production of 50,000 electric vehicles per year by European automakers.
    Audi also recently started electric motor production for its e-tron quattro at its factory in Hungary.
    The relatively small country of ~10 million people appears to be emerging as a center for electric vehicle production.
 
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