RE: Takeover offer at multiples15 Nov 2023 19:58
In short, no danger in for several years at LEAST. The technology is still in R and D stage - many challenges still remain and no factories exist or planned as the tech is not 100% there yet. Looks very promising though.
Also, most the investment in building gigafactories and future gfactories in Europe are your standard batteries you know and love with anode/cathode. Even the technology was to perfected in say 3-5 years and approved for commercial use, the gfactories would take years to be built including planning/consultations. Even then its not like all those 50+ or so giga factories planned in Europe will just fold, and their close doors. The transition will take many years, as the commerical investment in the gfactories will not to be recouped and they'll push back by lobbying and more importantly will be significantly cheaper than solid state for many years to come, never mind the cost of building those gfactories and oversupply of the market. Just a few reasons I've listed but we're ok.
What really concerns me as I stated earlier is the breakthrough of Cow Hide, mixed with racoon fur is the new graphite which will be used as anode material and its commercially available soon. Clearly all the silly people that made BRES go up 12% and taking it over 5p are not aware of this BRES shattering news.