CATL's acquisition of Canadian Millennium Lithium Company encountered another twist and turn. On November 2, Lithium America announced that it has made a $400 million acquisition offer to Millennium Lithium, higher than the previous NINGDE era's $297 million acquisition offer. The board of directors of Millennium Lithium also believes that compared with the quotation of the Catalonia era, the quotation of the American lithium industry is more generous. It is worth noting that in order to successfully acquire Millennium Lithium, The American Lithium Industry is also willing to bear the $20 million termination fee that Millennium Lithium needs to pay to CATL.
Image source: Visual China
Fortune plus netizen: Yang Anqi
As the heart of new energy vehicles, power lithium-ion batteries, technical level and technical route have always been hot issues in the industry.
In the past few years, lithium iron phosphate batteries and ternary lithium-ion batteries have become the mainstream of the market, although the two characteristics are different, or have their own advantages and disadvantages, but China's power lithium-ion battery technical route dispute, but also do exist, of which the management in the relevant recommendation, also showed their attitude. For example, the requirements of safety make lithium iron phosphate batteries sought after; the requirements for mileage have pushed ternary lithium-ion batteries to the forefront. On many occasions, officials at the management level have stated that for power lithium-ion batteries, the state encourages the common development of a variety of technical routes. Only from the current investment fever can be seen that the technical route of power lithium-ion batteries can no longer affect the company's investment enthusiasm.
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