Post by
PistolTuco on Mar 16, 2021 11:27am
More Battery Factories - VW Joins the party
VW’s common stock soared as much as 29 per cent on Tuesday after it announced plans to standardize key technologies across its sprawling industrial empire and generate scale effects that both Tesla and established automakers are unlikely to match. On Monday, the company said it would build six battery factories in Europe alone.
https://www.bnnbloomberg.ca/vw-surges-29-after-laying-plans-to-dethrone-tesla-by-mid-decade-1.1577580
Comment by
crow27 on Mar 16, 2021 11:40am
and they need to build all kinds electric vehicles to put those batteries in. That just means more copper needs to be supplied to these giants. Maybe VW gave them 575 million.
Comment by
alvarez2 on Mar 16, 2021 1:03pm
As the automakers battle it out for dominance in the EV world, to us, won't matter who wins.......we'll just supply the greenest, cleanest, high grade copper on the planet, for the next century.
Comment by
crow27 on Mar 16, 2021 2:02pm
It all sounds good. Just wondering how much longer they can keep this stock down? Another 575 million in the bank so no worries about having enough money to move just about anything forward, and at an excellerated pace. $7.00 looks mighty cheap folks and in the very near future we are going to be producing at KK $$