Ann: Strong Progress Across Battery Materials Businesses, page-195

First 195 Last

Share
Profile

Follow
nkat2007

1,255 Posts.

1013

27/10/22

11:53

Post #: 64428507
Share

Originally posted by nkat2007: ↑

Yep it looks that way @r3s0urc3, there's been no shortage of connection with US based cell developers.

As already mentioned in previous posts, we can exclude Piedmont + Livent Corporation from the list as they're predominantly involved in the lithium chemicals rather than cell manufacturing. This leaves 8 potential candidates. It is quite interesting looking at these Lithium Ion Battery makers more closely. Website and respective market capitalization provided where available. Based on the quoted requirement of 60,000tpa of CSPG, I'd be immediately excluding any company below $500M Market cap as their busines wouldn't be large enough to justify that volume. So I'd be focusing on the 6 remaining.

https://www.enersys.com/en/ $2.46B https://www.romeopower.com/ $61.89M https://www.clarios.com/ $10.7B (Private company; targeting going public)http://www.a123systems.com/ $631M https://microvast.com/ $544M https://www.lithionbattery.com/ $3.22B https://www.ultralifecorporation.com/ $81.3M https://24-m.com/ Private company

Expand

So the first of 2 of Volt's "USA LIB cell-maker partnerships has been announced as 24M Technologies.

The list narrows down further, down to 5 potential options (IMO) for the ESD Gigafactory. As stated previously, excluding companies below $500m Market cap. 60,000tpa requirement of CSPG points to a much bigger business!

Looking forward to when this one is announced! Hopefully soon

VRC Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

Reply