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Tuesday, August 29, 2017 9:06:28 AM
$DOLV
Agree. I would be interested to know what type of agreements are in place.
My personal opinion is that ZJMY will share the battery tech with their OEMs as part of that win-win strategy. It will be more of a balanced-trade IMO.
I could see the OEMs structuring a contract where they make "X" amount of bodies and frames for ZJMY, and ZJMY provides "Y" amount of batteries and motors for use in the OEM's own lines. There may be very little cash exchanging hands. If they just end up being manufacturing contracts, ZJMY will easily cover the costs with orders IMO.
Why would these OEM companies provide EV bodies to the company (ZJMY) with the best battery tech and let their own EV lines suffer? Short answer, they wouldn't. There has to be some sort of share agreement/contract to safeguard their own EV lines. They all talk about the "win-win" concept.
Quick choice for consumers:
Chery V3 body with Chery EV tech (range: 250 km maybe)
Chery V3 body with ZJMY EV 3.0 Tech (range: 500-600+ km)
Tough decision.
Chery's own EV lines are vastly improving but still pale in comparison to ZJMY's tech.
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