ADO 11.5% 2.9¢ anteotech ltd

Northvolt in trouble after BMW cancel battery orders worth $2bill

  1. 3,312 Posts.
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    Any one else find this very interesting given we may or may not be linked to BMW ? BMW either has extermely lower than expected demand for EV's OR has it found a new battery technology ?

    Just speculation but that's a huge decision to make to cancel orders of that magnitude.

    https://hotcopper.com.au/data/attachments/6450/6450455-a325e8ca32aca38621193c42d6a61ec4.jpg



    $2 Billion Shortfall Forces Layoffs at Car Battery Factory (msn.com)
 
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