NVX 4.14% 75.5¢ novonix limited

I read on the news today that Volkswagen has reached an...

  1. 6 Posts.
    I read on the news today that Volkswagen has reached an agreement with quantumscape for the production of solid state lithium battery. Toyota’s also been at it for a while.

    https://www.reuters.com/business/autos-transportation/volkswagen-ramp-up-solid-state-battery-production-quantumscape-deal-2024-07-11/

    If there’s a huge shift from lithium ion to solid state for EV, I wonder how this will impact Novonix in the future? I am not an expert by any means but doesn’t this mean there would be significantly less demand for graphite ?
 
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