By 2020 at least seven new gigawatt-size battery factories are scheduled to start operating on the continent, with another three developments rumoured.
Within a decade, these facilities will be churning out 80GWh a year. More than three times the 2017 global production capacity of lithium-ion batteries for electric vehicles.
now that’s just in Europe... just have to be patient while these guys build the infrastructure to eventually use the stuff Gxy is digging up. 2-3 yrs wait for a real price discovery. Question is can you hold on?
