Battery based electric vehicles of today and tomorrow.

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   / Battery based electric vehicles of today and tomorrow. #4,381  

A new EV battery recycling plant.
 
   / Battery based electric vehicles of today and tomorrow. #4,382  

A new EV battery recycling plant.
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.
 
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   / Battery based electric vehicles of today and tomorrow. #4,383  
I think that's about $5M U.S. dollars.
 
   / Battery based electric vehicles of today and tomorrow. #4,387  
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.
Dosent really matter if some oil money goes in to developing this industry, the government has more than enough money as it is.
 
   / Battery based electric vehicles of today and tomorrow. #4,388  
Dosent really matter if some oil money goes in to developing this industry, the government has more than enough money as it is.
Wait, that changes everything! You mean there is not any taxpayer monies going in the battery recycling plant?
 
   / Battery based electric vehicles of today and tomorrow. #4,389  
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.
 
   / Battery based electric vehicles of today and tomorrow. #4,390  
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.
Not as far as a country goes, but as an individual goes $5M US is nothing to sneeze at.
 
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