MNS 0.00% 4.2¢ magnis energy technologies ltd

the chairman Frank had interview with "*********" on youtube a...

  1. 44 Posts.
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    the chairman Frank had interview with "*********" on youtube a few weeks ago, the battery is for grid.

    also, the chairman of IM3NY, the invertor had a presentation in cornel university US, he was asked which market are you targeting. he said for grid storage. the EV battery is more technology challenge, need higher density pack cells etc.

    in conclusion, they are not making battery for EV, at least for their 1.8Gwh plant. maybe they do in the future.

    but, every now and then, unofficially, they are marketing or hinting they will have big paly in coming EV boom.

    this is my first worry.

    the second worry is the raise of $20 million from John Hancock through Sydney's solution capital, MNS paid 6% fee for that. this info is from AFR.

    cheers mate, enjoy




 
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