Q&A just concluded. As they are a huge conglomerate only few questions asked about their EV division. Here are dot points
Q general regards to yield and ramp up
A current capacity yield is 7.5 GWH
A China and Hungary capacity to come on line next year and these have similar capacity and use similar technology
A second plant in Hungary online in 2022
Q How is the ongoing litigation going with LG
A expected to go into 2020 and as such unable to give any update
Q what is the ramp up phase for utilisation of the plants
A ramp up during 2020-21 beginning stabilisation 2021
Q what is the order book look like for batteries
A with various partners they are looking to expand their order book
Q&A just concluded. As they are a huge conglomerate only few...
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