LTR 2.49% $1.37 liontown resources limited

The NIO fast battery swap concept is and has been for a while,...

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    The NIO fast battery swap concept is and has been for a while, interesting.

    What I’d like to know is, how long do the depleted batteries take to recharge once swapped out of a car and how many fully charged ones are kept “in stock” in each station. See if the concept becomes popular and if those two things are not addressed, then potentially a driver will have to wait not just the 2.5 minutes to have their battery replaced but the extra time for the “almost ready” battery that got swapped out not long ago to be “ready”.

    Of course an answer to that issue is to know the peak times for drivers to require changes and have sufficient charged batteries in stock at each station ready to meet that demand. Or some sort of pricing incentive mechanism to encourage drivers to swap at less innately desired times.

    But, if it’s the convenience factor that is being sold … probably the answer is more batteries on hand. For our Li investment psoiton, that just means more than 1 battery per car sold needs to be factored into the demand side of the equation. Has that been considered by the anal-fists?
 
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