Date of article; December 11th, 2019
A MUST READ.....who says we already aren't ? BASF are friendly to our BOD and are previous cohorts with Norlisk who GJ developed....
https://finance.yahoo.com/news/germanys-500-million-cathode-factory-143716752.html
Of particularly interest, this extract;
"Brandenburg is a preferred destination for setting up new factories as the region has a lot of available workforce and because the average wages in the state are considerably lower compared to its West German counterparts. That apart, the inception of a Gigafactory in the same state will, in all likelihood, lead BASF to strike a partnership with Tesla to supply its cars with their much-needed batteries.
Currently, Tesla partners with Panasonic for its battery needs, with the Japanese electronics giant jointly investing and operating several battery cell production lines within the Tesla factory. However, there have been several misgivings between the two companies in the recent past, mostly due to the friction in working styles between Tesla and Panasonic. With a battery production factory close to the upcoming German Gigafactory, BASF could hope to cash in at the expense of Panasonic."
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Date of article; December 11th, 2019A MUST READ.....who says we...
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