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Re: rstar post# 102057

Sunday, 07/30/2017 7:14:40 PM

Sunday, July 30, 2017 7:14:40 PM

Post# of 207108
Great point. It can't be stressed enough that ZJMY's OEM for EV bodies and chassis, Chery, is state owned and that Wuhu, a subsidiary of ZJMY, is widely supported by Wuhu city local government and state government.

Note Chery is headquartered in Wuhu. I'm excited for when the ZJMY V3 gets listed to the China Ministry of Industries list so ZJMY V3 can get the 88,000 yuan in gov subsidies. JB&ZJMY is probably holding off on selling their V3s until they can get the gov listing and subsequent subsidies.