Jervois Global Ord Shs V.JRV

One vital statistic to track in 2023

[heiworm392HFF]

One vital statistic to track in 2023 is percentage of the Global market that non-cobalt batteries have in the EV market.  The percentage of market share has doubled every year since 2019 for LFP batteries. Lfp batteries now constitute 30% of the world's market.  If that trend continues,  that would be 50 to 60% of global market share is LFP. Basically,  game over. Ir will the trend reverse???

[WernHerr]

An important statistic to track in 2023 is the percentage share of non-cobalt batteries in the global electric vehicle market.  The percentage market share of LFP batteries has doubled every year since 2019. Lfp batteries now account for 30% of the global market.  If this trend continues, it would mean that 50% to 60% of the global market share is LFP batteries. Basically, the game is up

[heiworm392HFF]

That is a fair question.  Up until now the increases in LFP adoption was fairly inconsequential to the big picture (eg 1$ to 2%, 2% to 4%, etc.).  2023 will be the first year where doubling would significant impact,  and one more year again we have a Betamax vs Vhs result (where the lower exits the market entirely).  Lithium Ion Batteries are significantly higher cost, 

[heiworm392HFF]

You know.... I said the doubling of LFP marketshare from 2019 to 2022 was incondequential up to now. Actually, that is how we are sitting at .05 cents, with a loss of 85% of our value. I wouldn't call that inconsequatial. If the carnage stops now, and all the major EV makers stick with more expensive Li-Ion batteries for the low-end entry models, great.  It could stop now because the