RE:RE:RE:RE:RE:RE:News outDumpinvestor wrote: If you do google search " graphene price", graphene is very expensive. Gmg claims they can produce graphene with low cost, but they did not say how much cost. Hopefully, they can produce graphene way cheaper than lithium, otherwise, they may have hard time to sell their products.
The price of graphene could be high, but cost of battery low, depending how much graphene is there (it is aluminum - graphene battery and aluminum is cheap).
Also, production cost is high with Li, even transporation/storage is 2x higher due to very expensive insurance as Li classified as flamable material. I co-managed small company that designed / sell e-scooters, Li is headache on so many levels.
It, also, superior product - when reusing one product 10 times vs. 1000 can make it cheap in long run. We do not compare car to car, because one can be Tesla and second Geo Metro..
What I do not understand is the market size for reusable batteries of such size. Infrequent users, won't buy it, because one would have to buy charger. I would rather go for cheaper Li battery and toss/recicle it.
GMG could pair with charger manufacturers offering its nearly eternal battery. It generate sale for both, would make chargers look more attractive.
What is important that GMG ACTUALLY DELIVERED the promised product. That says a lot about management and if they do the same with next battery, it would be a major breakthrough for entire industry.
For me, cap below 400M is buy.