2 good articles about battery manufacturing in Virginia . They dont have anything yet and lost the Ford / CATL plant last year .So Virginia is wide open for a GIGA factory. Recently a company from California was offered 100 million by the US Government to build a plant but they arent going to do it now .
https://www.businesskorea.co.kr/news/articleView.html?idxno=107835. From the article ...." According to experts, South Korean EV battery manufacturers can benefit if Virginia’s anti-China sentiment spreads. Potential beneficiaries include SK On, which is supplying lithium-ion batteries to Ford for use in F-150 trucks while building a plant with Ford in Kentucky." (Perhaps Zaicell Inc could get the job done in Virginia )
From the above article , "At its core, the Inflation Reduction Act is a massive package that dedicates $369 billion over 10 years to clean energy innovation via tax credits, rebates and other incentives. Many of its programs are designed to boost domestic manufacturing jobs as the country transitions away from fossil fuels."
2 good articles about battery manufacturing in Virginia . I see a great opportunity for ZaiCell Inc in Virginia They dont have anything yet in battery production some opportunities but nothing has really materialized yet nor is up and running in FLP battery plants and Virginia lost the Ford / CATL plant last year .So Virginia is wide open for a GIGA factory. Recently a company from California was offered 100 million by the US Government to build a plant but they arent going to do it now .
https://www.businesskorea.co.kr/news/articleView.html?idxno=107835. From the article ...." According to experts, South Korean EV battery manufacturers can benefit if Virginia’s anti-China sentiment spreads. Potential beneficiaries include SK On, which is supplying lithium-ion batteries to Ford for use in F-150 trucks while building a plant with Ford in Kentucky." (Perhaps Zaicell Inc could get the job done in Virginia )
From the above article , "At its core, the Inflation Reduction Act is a massive package that dedicates $369 billion over 10 years to clean energy innovation via tax credits, rebates and other incentives. Many of its programs are designed to boost domestic manufacturing jobs as the country transitions away from fossil fuels."
Pegs i like the fact that these companies and its people are now running The Coretec Group and for and also ZaiCell Inc were Dr Kim is the CEO as well as he is CRTG. I read through the descriptions on their web sites about who the are , their story and what they do i we are being run by a very accomplished group of people . As youy can see from their web site about all of those listed are involved in running CRTG now . I expect good thing ahead . If we do a reverse merger with ZaiCell Inc that would be fine with me . Coretecs CEO Dr Seon Kee Kim as you know is not only the CEO of The Coretec Group but also CEO of ZaiCell Inc and CEO of ZaiCell JV LLC that are businesses located now in Virginia . It looks to me that in some way CRTG will work with ZaiCell Inc in some capacity . Web will have to wait to see just what they do next . I woulodnt be suprised if The Coretec Group which now is an Oklahoma Corp is relocated to be a Virginia based Corporation . As you know Coretecs CEO Dr Seon Kee Kim who is also ZaiCell Inc CEO in Virginia wants to build a 50 gigawatt battery manufacturing plant .https://energycentral.com/c/um/advocates-see-missed-opportunities-virginia-lags-its-neighbors-clean-energy https://www.businesskorea.co.kr/news/articleView.html?idxno=107835
Question remains were will CRTG fit ?? Time Will Tell. But i think CRTG could be right in the thick of it .
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At XT Equity , once again , the company that is running The Coretec Group with their people and Innovative Strategies we see listed on their website one of their focal points and sectors they invest and excel in : CRTG is in the right hands !!
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The Salt Water (or any contaminated water) gets into the battery management system (BMS) and causes a runaway discharge. This causes the batteries to expand, explode and in some cases expose the Lithium inside. If you remember science class where they dropped sodium metal into water to show its explosive oxidation. Lithium reacts the same way when exposed to water. Will solid state batteries respond the same way? Unless they find a way to make the batteries waterproof and vent at the same time ut will continue to happen. Having said that solid state batteries may be more resistant I'm just not that familiar with their make up.