• Nano One is entering cathode production by acquiring the only LFP cathode facility in North America.
• Nano One has 3 announced car deals in the works under NDA that could tie into this cathode facility.
• Tesla likes LFP batteries.
• The Canadian government and the United States both have billions in funding available for lithium projects. It is possible that some government support enters the equation as far as expansions.
• Nano One is a powder keg. While today’s action was indeed intense, the best is yet to come.

Just wait until people realise Electrovaya is going to make their own cathodes, possibly in the same building as the Pilot production of their Two battery cells.  40% may be mild as to what will happen to Electrovaya ? ?