[wankeler]

I thought the really interesting part was the vertical integration from “ore “ through production to recycle plus the manufacturing streamlining / integration of the cells. If they pull this off and eliminate all the margins otherwise involved they will put themselves at a $/kWh point that only those with very deep pockets will have a chance of matching. So a lot of consolidation to come and remaining others going niche / upmarket.

[lern_too_spel]

All of that integration can be done by a battery supplier like SVolt. There is no need for vertical integration with a car company to get that savings.