Neo Lithium Corp NTTHF

Metals & Mining Industrial Metals & Minerals

Neo Lithium Corp is engaged in the business of exploration operations. Its principal business activities are the exploration and development of resource properties. Its project includes the 3Q project. It operates its business in the countries like Canada and Argentina, however, most of the revenue is generated from Canada.

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Neo Lithium Corp > Tesla Battery day

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Comment by Papino0on Sep 23, 2020 4:46pm

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Post# 31606192

RE:RE:RE:RE:RE:Tesla Battery day

tiger6301 wrote: My point is I wouldn't buy a car with a million miles battery, then re-sell the battery 10 years later. With the advancement of technology, The money spent on the old battery may be able to but more million miles batteries 10 years later.

With Tesla Battery Day over, all metals related to batteries are in big red! If you have extra money,, it is a buy day!

tiger

You will, it's already 'possible' to achieve 1 M miles ( https://electrek.co/2019/11/30/tesla-model-s-1-million-km/ ) with normal Tesla S battery but the one from CATL are safer and made to be reuse after . The battery isn't just recyclable but reusable, so even if you don't need it ( or put it in your next car as Vivas Kumar alredy pointed out or like NIO is doing with their battery loaned and swap) you could sell it to a neighbor or a solar farm, etc ... And dont take my word for it :

 					Hans Eric Melin

@hanseric

 			Founder of Circular Energy Storage – the global source of intelligence about recycling and second life of lithium-ion batteries. BK Hcken & Spurs fan
 			
 			Few EV batteries are recycled after only 10 years. Average yearly mileage for Tesla Model S in the US is around 10,000 miles per year. That's 48 cycles per year. Unless cars are crashed they might very well live after 20 years. And if they don't the batteries will be reused.
 			
 			https://twitter.com/hanseric/status/1308554752175865856