AVL 0.00% 1.6¢ australian vanadium limited

AVL: Preparing for a rerate., page-452

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    English translation below:
    Production of Swatch batteries for electric cars from 2018 onwards

    Batterybattery productionBelenosGeelyNick HayekSwitzerlandSwatch

    From next year, Swatch's "super-battery", which is supposedly 30 percent more efficient than conventional batteries, is also to go into production for electric cars - about seven months later than originally planned.
    According to Swatch CEO Nick Hayek, an optimization of the cathode is currently under way. The production of prototypes at the Itingen plant of the Swatch subsidiary Belenos in Switzerland has already begun. The homogolation of the battery is to be carried out in the middle of 2018 in an e-car of the Chinese joint venture partner Geely. Swatch has long been working on the breakthrough of a battery technology for electromobility. The battery systems could be used not only in electric cars, but also in the e-bikes and drones. Recently, the Swatch subsidiary Belenos had tested 20 percent of the company shares to the stock market.
    indiatimes.com
    Last edited by SilverFox88: 06/09/17
 
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