Careful Riskon, don't let the 'imo' fig leaf slip. Lol. Though...

Careful Riskon, don't let the 'imo' fig leaf slip. Lol. Though scepticism healthy, particularly regarding cost claims from start ups with no history of commercial volume cell production.

Meanwhile, analyst regards LG Chem has having good chance of securing further deal with VW in US.

http://south-korea.timesofnews.com/...-smooth-growth-for-korean-battery-makers.html

Article pre-amble stated:
"German carmaker Volkswagen’s recent announcement that it will be supplied with electric vehicle batteries from Samsung SDI and LG Chem through to 2025 in Europe and China is boosting market expectations for growth in the battery industry.
Last week, Volkswagen announced in Berlin that it had selected Korean battery makers Samsung SDI and LG Chem as well as China’s Contemporary Amperex Technology Ltd. to supply batteries for its upcoming electric vehicles at its European and Chinese plants, with suppliers for North America forthcoming."

And went on to mention the US:

"The deal is one of roughly 30 deals currently secured by LG Chem with automakers, as confirmed by LG Chem’s CEO Park Jin-soo at a recent press conference. Considering that the company has a plant in the US, it is “likely that LG Chem will also take a piece of the North American supply deal,” wrote analyst Kang Dong-jin at Hyundai Motor Investment and Securities."