just some rough numbers for you based off the following:
"In 2023, Mercedes-Benz sold over 222,000 all-electric cars (plus an additional 18,000 smart cars), which accounted for around 11% of the brand's total volume"
We've previously been told that Anteo X will sell for around $400 per litre. Can't remember if that was AUD or USD so I'll use the lesser AUD. We've also been told that a Mercedes EV battery (10% silicon) will use 1 litre of Anteo X while reducing costly CNT's by 90% saving the company ~$600.
So $400 x 222,000 = $88,000,000 which would justify a billion dollar market cap. This is only 11% of Merc's total car sales. Basically a starting point.
Note, the ultra high silicon Anode they'll be testing, Ultranode, would increase our revenue per EV.
Mercedes Truck division is what has me excited and none of that is catered for in the above calcs.
Just Mercedes alone is all we need. The mind boggles at the prospect of possibly being in all EV batteries i.e. Intel Inside
ADO Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
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