MNS 0.00% 4.2¢ magnis energy technologies ltd

CATL to build electric car battery cell factory in Thuringia, page-89

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    “demand for battery cells (in 2025) is expected to amount to 200 GWh in Europe”(1)

    “CATL and the state of Thueringia in central Germany Monday announced a plan to build a 16-gigawatt lithium-ion plant”(2)

    Let’s help @sroyle and do the math for him:

    200 - 16 = 184

    Thats 184GwH of additional capacity required to meet EU needs alone!

    Again, plenty of room for Magnis

    1. https://ec.europa.eu/commission/com...gh-level-meeting-european-battery-alliance_en
    2. https://www.google.com.au/amp/s/www...ery-plant-lifts-prospect-of-electric-car-push
 
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