ADO 0.00% 2.1¢ anteotech ltd

Ann: Anteo Enters Into First MTA for Battery Development, page-29

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  1. 5,835 Posts.
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    Tesla electric cars have about 7000 individual batteries each. There are about 70 million cars made each year. As we switch over to electric vehicles the requirement for lithium batteries will grow exponentially.
    If 10% of vehicles were electric, then we're looking at about 50 billion individual battery cells yearly and growing.

    If ADO can produce 20% improvement the rewards will be eye popping.
 
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