MNS 0.00% 4.2¢ magnis energy technologies ltd

Thanks for putting up that Twitter post. It clearly highlights...

  1. 2,013 Posts.
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    Thanks for putting up that Twitter post. It clearly highlights the opportunity Imperium3 has right now to help automakers solve the problem they've gotten themselves into.

    To me it appears EV makers initially prioritised going with the highest capacity and highest power cell chemistry to get the range and performance customers expect (for the high purchase price of the EV itself) over safety and cheaper cells. LFP/Phosphate based cells are much cheaper to produce due to no Nickel & Cobalt.
    In the newer generations of EVs their electronics, motors, body construction etc are more optimised and the price of the vehicle is coming down so they can now move to safer chemistries to get away from the recall cost of fires.

    Whilst NMC/NCA car fires are a horrible thing it is playing right into our hands. I doubt there is a higher performing phosphate based chemistry than the Magnis/Imperium3 BM-LMP.

    Exciting times ahead.
 
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