So I think that BD has been good for NVX because Tesla hasn't reinvented the wheel as I was concerned they might.
It is still a lithium ion battery which means that Graphite is still a key part of the battery. The validity of panasonic/sanyo batteries has been confirmed as Tesla (the market leaders) will continue to use them and therefore so will the other EV makers in the coming years.
DPMG may or may not be the cathode process that was mentioned on BD but NVX still has a key role in the battery industry.
The short term share price is hard to predict especially with no news. Despite ground breaking news for Tesla it's down which make little logical sense.
Gotta focus on long term positions
GLTAH
So I think that BD has been good for NVX because Tesla hasn't...
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