Let's look into each of these acquistions in detail:-
#Feradion - can create a sodium ion battery , when produced in masses can be 30% cheaper than lithium ion and compete in performance. Sodium is easily available , cheaper than lithium , and environmentally friendly. +

https://twitter.com/anibal20__/status/1575128603959783425

#Lithium_werks - creates a lithi um ion phosphate and nano phosphate based batteries. These batteries are smaller in size , cleaner chemistry (being cobalt and nickel free) and high durability compared to li-ion.+