Design Freeze with Mercedes

  1. 2,796 Posts.
    lightbulb Created with Sketch. 1141

    How close are we to a decision on the design freeze for Mercedes due end of 2024???, especially since Mercedes is considering testing our Silicon Anode around the same time between end of 2024 and early 2025 ( To me it sounded like if we were going to be incorporated into there existing Anode ( design freeze) then we'd move to testing our Anode - was all part of the process.
    Fail design Freeze deal is dead no need for ADO Anode testing

    https://hotcopper.com.au/data/attachments/6545/6545211-af1011ab5966a6c85f86c20a65c28e18.jpg

    The announcement on Friday suggests that a company typically known for moving at a slow pace is now fast-tracking Anode testing. This raises questions about the reasons behind the urgency or whether Mercedes have made their decision on design freeze.

    Given that Mercedes has been testing Anteo X with their Anode for the past nine months, the positive results are clear. If the prototype with Anteo X and Mercedes' existing anode is progressing well, it stands to reason that our Anode testing is also on a solid path. Otherwise, it seems unlikely they would invest in our Anode testing.


    It feels like a decision on the design freeze has been made lets move onto the next steps.Exciting times ahead! This opportunity is truly remarkable, especially now that we’re highlighting Mercedes instead of EV1. The impact is much more significant when Mercedes is replaced with EV1 in the previous announcements. Read the above with EV1 instead of Mercedes and it just doesn't have the same impact( $$$ or SP)

    This is a tremendous validation for Anteo X and a massive opportunity for Shareholders, the only way is up if the above comes to Fruition!


    Cheers,

    M.oz

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.1¢
Change
-0.002(15.4%)
Mkt cap ! $29.75M
Open High Low Value Volume
1.3¢ 1.3¢ 1.1¢ $33.86K 2.679M

Buyers (Bids)

No. Vol. Price($)
10 2125960 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 6500 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.