Replies to post #387 on Giga Factories and Battery Companies

[TradingCharts]

Battery manufacturing: Only the lowest-cost producers will survive

Over the last year and a half, cell production costs have plummeted, due to falling lithium prices, increased automation and technology advancements. Furthermore, due to huge oversupply within the Chinese market, margins are hovering close to 0%, resulting in low cell prices but financial difficulties throughout the market.

Therefore, being able to produce cells at the lowest production costs is paramount for survival during these tough times, and this is an area where newcomers to the industry are struggling.

Chinese companies have a 20-year head start, resulting in highly optimised manufacturing process, and an industry where vertical integration is strong, enabling top producers to lower costs even further (second graph).

This results in new manufacturers in Europe and North America facing several barriers in achieving cost competitiveness.

Therefore, the focus should be shifted away from producing the most advanced technology, and towards producing good-enough cells, with low scrap rates, automated factories in locations with cheap electricity.

Doing so could enable newcomers to the industry to rapidly reduce production costs, giving a pathway to early revenue that could be reinvested into R&D.

Read more about the current landscape for battery production here: https://lnkd.in/ew42aAAH

hashtag#sustainabilty hashtag#batteries hashtag#manufacturing hashtag#LFP hashtag#NMC

https://www.linkedin.com/posts/aaron--wade_sustainabilty-batteries-manufacturing-ugcPost-7272210820741140480-o4fn?utm_source=share&utm_medium=member_desktop

[TradingCharts]

35k fowllers you should be one as well.

Hundreds of Chinese have been sent to Sweden to start up the equipment. Their observations on this failure are interesting to share, especially since French companies are also starting to collaborate with Chinese battery suppliers.

https://www.linkedin.com/posts/jeremieni_northvolt-a-fait-faillite-des-centaines-activity-7274734374393155586-1gro?utm_source=share&utm_medium=member_desktop

[TradingCharts]

Prakhar Todaria
Engineering Manager@Tesla | Virginia Tech
21h • 21 hours ago
https://www.linkedin.com/posts/prakhartodaria_sr-process-engineer-drive-unit-final-assembly-activity-7275264059187322881-6IN_?utm_source=share&utm_medium=member_desktop
[color]=blueNanoEE let me know how your interview went[/color]😏

Howdy, everyone?

I am looking for a Sr. Process Engineer to join my team at GigaNV in the beautiful Sierra Nevada. We have got some fascinating projects on going which will give you exposure to latest and greatest in the field of EV Manufacturing. Please DM me with short and to the point paragraph on why you're the best fit. Don't forget to attach your resume.

P.S. : This is not an entry level position.

https://lnkd.in/gJEddsFG

[TradingCharts]

I hope you are doing well.

[TradingCharts]

2025 Annual Meeting of Stockholders Jun 12, 2025 10:00 am PDT
Webcast
Get yourself a quick flip.
https://ir.amprius.com/news-events/ir-calendar/detail/20250612-2025-annual-meeting-of-stockholders