Although I have my doubts about the long-term sustainability of EVs (it is largely a politically pushed agenda), NVX certainly doesn't look like an investment, let alone a long-term investment. There's already heaps of big players, including some that are sustainable, profitable and dividend-paying businesses, such as Umicore. I'd rather put my money on them: https://timesofmalta.com/article/vw-umicore-join-forces-battery-materials-venture.983258
Why would anyone invest in a pre-revenue cash burner with such limited resources and no proven track record of delivering anything at all?
Although I have my doubts about the long-term sustainability of...
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