Critical Elements Lithium Corp V.CRE

Ford ....Ontario

[110158]

Bad news, in Ontario

Ford postpones its investments for electric cars by two years despite 550 million from governments

Go CRE Go

[Wheeler]

More market share for Tesla 

[Wheeler]

More market share for Tesla@

[monkeyhere171]

Yet they are not going to produce lower cost car as can't compete with Chinese manufacturers  LINK   NA market cannot afford to have significant premium in material prices so SC at $2,400 is a dream. Rework CRE valuation based on $1,500/t SC and see where you will arive for possible NPV.

[Longalways]

NA automakers will miss the boat , rest of the world is moving fast to EVs Others will learn how to make it cheaper and better , USA will not be able to reach them very soon if they continue to postpone. They will not only miss EV market but will lose their sales with tthermal engines when replaced by EV. USA thought that Telsa was the one to compete but BYD and other European , Japanese and

[Longalways]

At the same time Northvolt is building a 7 billions$ factory just said yesterday that they have a customer already for half of the production that has to be ready to ship by  mid 2026.