NVX 0.93% 54.5¢ novonix limited

"Local production for local consumption", Panasonic to build 4...

  1. Sy8
    626 Posts.
    lightbulb Created with Sketch. 419

    "Local production for local consumption", Panasonic to build 4 more battery plants by 2031, hope they are looking in Chattanooga, i'll send them my Sat pics haha.

    Currently, Panasonic is in the process of constructing its second plant in Kansas, which will further bolster its annual capacity to an impressive 80 GWh. Looking ahead, the company is also mapping out plans to establish at least two additional factories dedicated to the production of 4680 batteries in North America by 2030.

    As part of its expansion strategy, Panasonic is actively considering Oklahoma, among two other U.S. states, for a substantial investment to enhance its electric vehicle battery production capabilities in the country.


    https://beststocks.com/panasonic-energys-ambitious-plans-for-electri/

    The four new plants will need to be supported by about a dozen factories of materials suppliers, Watanabe said, in a battery supply chain built around the principle of "local production for local consumption".

    https://www.reuters.com/business/autos-transportation/panasonic-needs-four-more-ev-battery-plants-meet-capacity-target-executive-says-2023-07-03/





    https://hotcopper.com.au/data/attachments/5398/5398624-9ddcc49093be0fc90252e7aec171fffb.jpg
 
watchlist Created with Sketch. Add NVX (ASX) to my watchlist
(20min delay)
Last
54.5¢
Change
0.005(0.93%)
Mkt cap ! $269.0M
Open High Low Value Volume
54.0¢ 55.5¢ 53.5¢ $323.6K 594.2K

Buyers (Bids)

No. Vol. Price($)
7 121024 54.0¢
 

Sellers (Offers)

Price($) Vol. No.
54.5¢ 7883 2
View Market Depth
Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
NVX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.