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If vinfast want to list in the USA and therefore sell into the...

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Jase76

465 Posts.

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24/11/22

15:05

Post #: 64967926
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Originally posted by Boggie69: ↑

definitely agree here but at this stage in the companies cycling who is going to fill the big boots of ecopro?
SW has said "someone is coming" but nothing material except for leaked news from old mate Samso over 6 months ago
cash is burning, all I'm seeing is tumbleweeds from our "potential partners with big pockets"

my big reason for getting off is even if we sign with vinfast I've seen a lot of news about them wanting to use LFP batteries, I can't find much at all about them wanting to use NCM811 and I think that is fundamentally why SW can't secure an agreement
vinfast are probably sitting there saying "yeah if you can get everything In place we will give you the funding if we decide to go ahead with he use of NCM811 precursor"
a lot of new battery tech out there and I feel like our state of the art NCM811 green processing plant is going to end up like MP3 players when iPods came out
equally as good but not what the market is looking for

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If vinfast want to list in the USA and therefore sell into the USA market they will need to offer a vehicle with range. LFP may suffice for Asian markets but will not cut it in the USA. Range anxiety is real over here and all major OEM have committed to offering a vehicle with range.

BSX Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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