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$NVX NEWS - HUGE if true.

Found this online, couldn't confirm it elsewhere but supposedly from behind paywall of AllNovaScotia.com

#Novonix expanding in Bedford to make low-cost battery

Spending $1.5m to add 8,800sqft for cathode pilot processing facility
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@NovonixBattery allegedly came up with new, low-cost process to synthesize battery material, with help of Mark Obrovac’s lab at Dal.

Process helps solve one of the greatest challenges – cost – as the current method to process cathodes is expensive and creates waste.
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Likely to have effect on mainstream EV adoption. CEO Chris Burns: “Why don’t we see more EV on the road? Not bc range isn’t far enough. All “inconveniences” people have always been concerned about almost don’t exist anymore. The challenge is cost”, he told allNovaScotia.
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