Canada Nickel Company Inc V.CNC

What's the used EV market like

[CEOofEPO]

Asking for a friend looking into an electric vehicle? What's that you have to pay 20000 to replace the batteries?

[NoobTube]

I imagine, just like the current auto parts market, that there will be markets for new, used and recycle ready batteries.

[grm9727]

I have had my Audi etron for 6 months and was told I could get $10,000 - $15,000 over what I paid for it. there is a one year delay on new Audi ev's

[EndZonefor7]

Buddy bought a 2019 Tesla last spring and could flip for $10K more. Other buddy gets his VW EV next month and other relative just got a new Leaf. Demand will exceed supply for next few years. 

[CEOofEPO]

Nobody cares what you and your boomer friends do down in Florida. 

[PCGuy10]

One guy bought an Audi EV, got factory updates as to where it was in production, where it is in the rail yard, where it is at the port, and then which ship it is on. Then a few days later he saw the news that a car carrier caught fire in the Atlantic. He took a good look at the tracking history again and... Now his EV is at the bottom of the Atlantic.

[EndZonefor7]

Good thing Audi is planning on building an EV plant in the USA next year. More demand for CNC nickel.

[Chieff]

Bottom line, these projections are shared by many experts and forecasters in this space: North America produces about 7% of the world's nickel supply. Nickel production in North America today is 130,000 tonnes of nickel per year. It is estimated that in North America alone, we will need over 300,000 tonnes of fresh nickel per year between 2040 -2060.

[idlefreebird]

Chieff , you got that right,,,there will be a need for not only CNC's 5 mills but many others in Canada in the nickel space...the higher the nickel value the better return on our investement and the easier it will make these projects economical,,,glta