Media Watch - NVX related, page-9987

You could be right re Forge Nano & VW/PowerCo considering their lengthy relationship & VW investing $10m but it’s strange almost 4 years later there’s no update or sign of a connection between them at all.
Yes Forge Nano & Anovion have a supply arrangement but American Battery Factory are expecting that initial offtake but I’m sure they can’t use the full 40kt so there’s definitely room for other customers.

The Canadian Govt threw a ton of incentives at Powerco to build their first GigaFactory but I believe Chattanooga would have been their initial choice if they hadn’t.
I see Chattanooga as the likelihood for future expansion for VW considering their ambitious Battery production plans & proximity to Novonix.
Definitely agree there’s no issue with Novonix freighting SG to VW’s PowerCo factory in Ontario in the mean time if they’re chosen as a supplier.
Eventually we will see the connection between either, but there’s room for many, so both are even a possibility.

Regardless the odds are stacked we receive confirmation this year that one of those 3 (pan/Sam/VW) will enter into a supply/purchase agreement with Novonix.

The only Co I’m starting to question a little is Samsung as they tend to be tied up with other Korean CO’s like Posco.
But Nvx have a 4yr relationship with them so there’s still a good possibility.