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Wednesday, July 28, 2021 2:18:33 PM
not sure about the share prospectus though. they have a lot of cash and are burning at only $50m a quarter which seems to be well managed. So why do they need to sell more shares/warrants? May be I am missing a filing somewhere along the line.
IAn update on the relationship/ownership of shares by VW would be nice. assuming they are still interested in using these batteries come 2024 this is an ideal time to get in IMHO.
The world is going to realize the need for ots of chargers and extra electric infrastructure to charge up all the new EV's. These batteries reduce the time to charge and the frequency of charge as well as cost all reasons for manufacturer to look at offering them.
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