Century Lithium Corp. V.LCE

Ford to have all-electric F-150 pickup & van by mid-2022

[on-target]

The two-year time frame is the most detailed the company has given regarding the vehicles, which will be part of what are expected to be crowded segments. General Motors, Tesla and start-ups such as Rivian and Nikola are expected to have electric vehicles in one or both segments by then or shortly after.

https://www.cnbc.com/2020/06/10/ford-itroducing-all-electric-f-150-pickup-and-transit-van-by-mid-2022.html



"Ford Motor Co. Chief Operating Officer Jim Farley spent the equivalent of almost his entire 2019 salary to purchase $1 million of stock in a show of confidence in the automaker’s recovery prospects." (May 04, 2020)

https://www.detroitnews.com/story/business/autos/ford/2020/05/04/ford-coo-spends-almost-entire-salary-buying-million-stock/111658164/

[fulogas1]

He also could have bought 4 million Cypress Today

[on-target]

fulogas1, the point I was making was that ford will be needing lithium  way before they build their all electric truck.Ford, or the battery company ford hires will need lithium very soon. In other words, someone has to move on CYP soon. CYP is moving with vey solid verifiable steps. No one invested in CYP will lose anything. We are slowly moving towards the best successs some of us has ever

[JMark80]

LG supplies batteries to GM/Volkswagen in the US. They have plans to build a second US plant in 2022. Pretty sure LG has enough lithium for the time being. Cypress alone will produce enough lithium annually for ~1/4 million vehicles? Tariffs on batteries is only 7.5%, what about carbonate or hydroxide?

[JMark80]

*7.5% on Chinese imports. I assume Chinese LCE/LiOH is a similar amount. General rate is 3.7% for LCE/LiOH, unless exempt.