In order for these other OEMs to catchup to Tesla, they would, and most likely will purchase Novonix’s materials to get to 1million+++ miles...
Not just their Puregraphite anode material, but also Single Crystal Cathode+DPMG and NVX Electrolytes. You need all 3 products to get to 1million+++ miles!
So Novonix is perfectly positioned to become a supplier to potentially all of these EV factories in North America.
You can see the car companies including GM, VW etc and battery companies you mention below in Novonix’s presentation decks.
Once the first EV battery maker and Car Company releases their 1million mile+++ battery, then the rest will be forced to purchase Novonix’s materials to at the very least, not fall behind, or try to catchup to Tesla.
New Single Crystal Cathode Material Patented in addition to DPMG Manufacturing Process, page-9
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