Battery based electric vehicles of today and tomorrow.
- Thread starter Gale Hawkins
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txdon
Super Star Member
The government sunk in 43.5 million (NOK) and they can recycle about 24,600 EV car batteries a year. I hope they can produce some income on the batteries they recycle.
A new EV battery recycling plant.
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MossRoad
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I think that's about $5M U.S. dollars.
txdon
Super Star Member
Correct, edited.
MossRoad
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It's still a lot of money to me.
cqaigy2
Super Member
Ditto. I'd retire right now if i had that much money.
Agvg
Elite Member
Dosent really matter if some oil money goes in to developing this industry, the government has more than enough money as it is.
txdon
Super Star Member
Wait, that changes everything! You mean there is not any taxpayer monies going in the battery recycling plant?
Agvg
Elite Member
Well, we have state capitalism her in Norway, the Norwegian government owns about 1.4 percent of all listed stocks in the world, large investment real estate, even bitcoins. The value of this investment is about 1.4 trillion us dollars and rising, so 5 millions $ is not much to talk about.
goeduck
Super Member
Not as far as a country goes, but as an individual goes $5M US is nothing to sneeze at.
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