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Wednesday, 06/28/2017 10:50:26 AM

Wednesday, June 28, 2017 10:50:26 AM

Post# of 207147
China HALTING EV car PERMITS & MORE below:

The halting article is further down and Ok, I posted in frustration yesterday and then the 8k came out. However, I think we all thought this was going to take off this morning big time as a result. It has not.

MY biggest concern is this: WHY are there not ANY articles really showing anything relating to DOLV? Yes, we have some pics showing on some trains and pics of the actual cars themselves that look "ready to ship", however, I see many articles about the 2 main EV companies in China BAC being one and how many other already established car manufacturers are going to be entering this market.

So to think that DOLV has the "BEST" EV battery out there with really not a peep of this spouted in ANY article that I've seen is a little odd?

This article is from January of this year I believe and it touts how the Chinese EV market is dwarfing the U.S. market and they don't really name a specific company and the picture they have on here is very foggy which may have been intentional. The important part of the whole article I have written below.

https://qz.com/972897/china-is-selling-more-electric-vehicles-than-the-us-and-its-not-even-close/

There are other factors to consider, as well. While Tesla and Chevy race to release their mass-market EVs—priced around $35,000—next year, China is already manufacturing its own far simpler versions for much less. It’s just not categorizing them as such. China’s immensely popular “low-speed electric vehicle” (LSEV) uses a basic battery (usually lead-acid) and electric motor technologies. In other words, it’s an electric vehicle.

China’s low-speed electric vehicles (LSEVs) have a top speed of about 40 mph (70 kph) and cost about $5,0000 (Dennis Zuev) DOLV Vehicles???

“The whole Shandong province [population 90 million] is riding LSEVs,” notes Dennis Zuev, a mobility researcher at Lancaster University, “even in big cities.” The small, cheap vehicles (each one costs about $5,000) can travel up to 40 miles/hour (70 km/hour) and don’t require a driver’s license or license plate to operate.
While China only includes approved EV brands in its tallies (and subsidy program) at the moment, it may soon add LSEVs to the count. The vehicles have seen explosive sales: 600,000 units were sold in 2015 and they are on track to top 2 million by 2020, reports Research in China.

Chinese Factory already being built

https://cleantechnica.com/2017/05/12/new-chinese-electric-car-factory-will-able-produce-200000-carsyear/

Here is the halting article which again, names 3-4 other EV car companies and I'm not hearing or even seeing anything referring to anything at all in the form of marketing to the masses with a higher mile range battery which you think for sure would come up somewhere???

https://www.bloomberg.com/news/articles/2017-06-05/china-said-to-halt-new-electric-vehicle-permits-on-policy-review

Important parts from link above:

A suspension of new licenses may help incumbent electric-car manufacturers including BYD Co. and BAIC Motor Corp. by limiting the number of competitors to the industry. NOT GOOD!!! [color=red][/color]Volkswagen’s joint venture with Anhui Jianghuai Automobile Group Corp. received the 15th permit to produce EVs.

BYD shares climbed as much as 1.6 percent as of 9:34 a.m. to the highest intraday level in six months in Hong Kong trading, while BAIC Motor rose as much as 1.7 percent. The benchmark Hang Seng Index was little changed.

To date, newly set up companies in China have announced at least 98 billion yuan ($14 billion) of investments to build electric car factories with a total annual capacity of 2.9 million units a year, or six times the number of plug-ins sold last year, according to data compiled by Bloomberg from company statements.

Apart from Karma Automotive owner Wanxiang Group, other companies that received the permits to manufacture electric vehicles include auto-parts maker Minth Group, car designer Beijing CH-Auto Technology Co., Beijing Electric Vehicle Co., Hangzhou Changjiang Passenger Vehicle Co. and a unit of Chery Automobile Co.

We need something that really solidifies this company is going to actually be a player in the EV industry and the 8k MAY be a start, but until there is actually more press like "NEW CHINESE EV CAR MANUFACTURER TO START MAKING ECONOMICALLY AFFORDABLE CARS WITH OVER 300 MILE ONE CHARGE RANGE AND GOVERNMENT TO PURCHASE LARGE ORDER FOR PUBLIC TRANSPORATION", I think we will churn between .06 and a dime unfortunately.

Hoping JUST the symbol change will spike this into the dollars I think may be pipe dream. If anyone can irrefutably prove otherwise, please post this information.

That's my one post for the day. Good Luck to us All.