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EVE Energy Co Ltd is set to build the biggest gigafactory in the UK, The Sunday Times reported.
The Guangdong, China-based electric vehicle batteries producer counts BMW AG among its customers and is the world's largest manufacturer of "Tesla-like" cylindrical car batteries.
The planned factory on the outskirts of Coventry will initially see a GBP1.2 billion investment from EVE Energy for an initial 20 gigawatt capacity, with that set to expand to 60 gigawatt in following phases.
Wonder if the one is going to be as big as the one planned for Bridgewater in Somerset. Either way a possible future offtaker
Hello All, Couldn’t resist missing this boat this morning, have been tempted the last few weeks but been waiting on news of the raise. Like many have indicated on here 5p was cheap but the great news is is the commitment from top management. I’m pleased there’s a focus towards Hypromag as I see this really taking off. Anything under 10p for me is a complete Bargain, I’m going to keep adding upto this price. Me thinks some big news to come soon re US funding , remember this post.
GLA
Just listened again to the Director’s Talk interview with head of US sales team. With the venues and trend opportunities coming in thick and fast I feel we are going to be very pleasantly surprised at the sales figures. The US market alone is massive and it’s going very well indeed.
GLA
Hi who knows why, I agree that this mornings trade is a sell. No worries at all as the general trend is for an increased SP. I currently see black mass as ‘hardcore’ ( money in the bank as my old grandad used to say. It will always come in one day.) when the company gets a black mass offtaker watch the revenue come in then.
GLA
When you look at the RNS from yesterday, this really is good news. Recyclus bid for and won a contract with a big SST (shared sustainable transport ) company who is established and going places. Over the next 10 years I see these facilities booming in our ever congested cities and towns as a low cost transport solution. This will in time become a core source of revenue for TM1/RG1 from gate fees and 2nd income materials
Good first post Jimmy, like you I’m a believer. Ignore the trolls this company is building a very strong base. I also see the Li boxes as a golden hen, I’ve suggested they produce a range of sizes for different uses.
Onwards and upwards, just topped up again this morning
GLA
I see it differently, looks like the US team are driven to succeed and believe in the strategy and ethos of the product. I recon if at some point strong sales growth can be evidenced in the US this will take off.
We just have to hope that enough finance comes in for East to get to 2025
Please stop talking of the ‘Death Spiral, it’s getting embarrassing. The highs and lows of a SP are a journey. Just look at it like being stuck in a motorway traffic jam and 5 mins later your doing 70 mph+
Chill out and take this opportunity to load up