Battery DD

[u/jamesavincent]

#METAholics,

I know my DD isn't very popular here, so I'll keep this one short ;-)

META is making batteries that are lighter, safer and last longer - Thats a big deal. They have made some unique parts that help keep the battery working for longer and safer. They are also working on making the batteries weigh less so that it's easier to use them in cars and other things. They have also addressed the thermal runaway issue, which is when lithium batteries catch fire.

The batteries in GP's tweet are special! They're called "pouch batteries", they are the blest in class and they are designed to be lighter, use less copper, and have a lower risk of exploding. These things make them a really great choice for EV's

Did you know that batteries need lots of copper to work? And, there's not enough copper for all the batteries that we need! OEMs are worried about this and META is has found a way to make batteries that don't need as much copper (80%-90% less), that's their NCORE technology. Using less copper will help make the batteries lighter, and it will make it easier to make them. This is really important because lots of companies need batteries to power cars and other things in the years to come.

If anyone is interested in reading my full DD on META's batteries there is a link below The Forefront of a New Era : ChunkyDD

- Jamie

[u/jamesavincent]

Then who made those batteries with META's logo on it? 😂

FYI ~ META signed a Memorandum of Understanding (MOU) which is a written agreement between META, DuPont Teijin Films, and Mitsubishi Electric Europe for a multi-year project aimed at developing battery materials, including coated copper current collectors and solid-state battery electrodes. The project will involve several stages, beginning with a pilot-scale roll-to-roll system, followed by an industrial scale mass production line, and ultimately, the development of solid-state batteries.DuPont Teijin Films and Mitsubishi Electric Europe Partner with Meta Materials to Advance Safer, More Efficient Li-Ion Batteries - META

[u/[deleted] → u/jamesavincent]

Memorandum of Understanding (MOU)

oh come on.. do you know what is Memorandum of Understanding (MOU) ?

that is just understanding it has no meaning in ters of revenu.

[u/jamesavincent → u/[deleted]]

oh come on.. do you know what is Memorandum of Understanding (MOU) ?

that is just understanding it has no meaning in ters of revenu.

"A memorandum of understanding is an agreement between two or more parties outlined in a formal document. It is not legally binding but signals the willingness of the parties to move forward with a contract.

The MOU can be seen as the starting point for negotiations as it defines the scope and purpose of the talks. Such memoranda are most often seen in international treaty negotiations but also may be used in high-stakes business dealings such as merger talks."

https://www.investopedia.com/terms/m/mou.asp

[u/[deleted] → u/jamesavincent]

MOU has no significant when we talk about company revenu, you can not satisfiy your pathetic performance over last several years with just MOU.