CR /large upfront/TO?
If ADO aren’t currently negotiating with major battery producers to licence the technological improvement I’d be very shocked.
The question for me is how big will the upfront be, considering the battery market and future - 20 million? 100 million?
Tesla just bought battery maker Maxwell for US$218 million, and are actively looking for more acquisitions that “make sense for the business and support Tesla’s mission to accelerate the worlds transition to sustainable energy.”
Brilliant news ADO, some big announcements in the past week seriously increasing my confidence that management are on track.
CR /large upfront/TO? If ADO aren’t currently negotiating with...
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