For some Monday morning laugh, let's put it into another perspective using kororo's style
kororo estimates the failure odds of NVX to be at 100%.
The thing:
1) Selected for funding of US $150,000,000 by the Department of Energy.
2) US legislation - Induction Reduction Act is encouraging companies to use local supply chain for battery components
3) Uptake of EV is accelerating worldwide & it is inevitable that ICE car will become obsolete in the future
4) Most countries (including Australia) governments are putting in place some schemes or incentive to subsidise EVs
But, sure, the expert analyst (kororo who claims he has no vested interest on the stock) see 100% failure rate whatsoever.
If this doesn't ring alarm bells for all the newbie investors, I don't know what does.
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