RE: Moving AMTE to the US for manufacturing potential24 Nov 2023 13:03
I agree re moving this to the US, possibly the quickest route for AMTE to get some of that US Government funding thats on offer and ramp up faster.
Re Sodium Ion tech, where AMTE has a global lead, Sodium Ion is now starting to compare with the energy storage capacity of Lithium Ion, at a much cheaper price.
Northvolt has made a breakthrough in a new battery technology used for energy storage that the Swedish industrial start-up claims could minimise dependence on China for the green transition.
The Swedish group, backed by Volkswagen, BlackRock and Goldman Sachs, has developed a sodium-ion battery that has no lithium, cobalt or nickel — critical metals that manufacturers have scrambled to obtain, leading to volatility in prices.
Peter Carlsson, Northvolt’s chief executive and co-founder, told the Financial Times that the new technology could be worth tens of billions of dollars as it opens up regions such as the Middle East, Africa and India for battery-powered energy storage for the Swedish group.
https://www.ft.com/content/826fb9bb-b27f-4c68-ad4b-a54ad74713c9