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Bullboard - Stock Discussion Forum Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the... see more

TSXV:CNC - Post Discussion

Canada Nickel Company Inc > LG Toyota $3 billion battery plant in Michigan
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Post by EndZonefor7 on Oct 04, 2023 9:49pm

LG Toyota $3 billion battery plant in Michigan

LGES will supply Toyota with 20 gigawatt-hours of high-nickel NCMA pouch-type battery cells and modules annually from the Michigan facility. That's enough to supply more than 250,000 EVs a year.

https://www.reuters.com/business/autos-transportation/toyota-lg-energy-sign-battery-supply-agreement-power-evs-2023-10-04/
Comment by CanadianPatriot on Oct 05, 2023 6:16am
Yes Toyota is only making small short term investments in EV. They are banking on Hydrogen for the long term.  May cause headwinds for nickel stocks if signs that a switch to Hydrogen will occur.  That's why I was scratching my head when a while back you were posting hydrogen developments. New Toyota CEO Still Wants To Prioritize Hydrogen Over BEVs (insideevs.com) https ...more  
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