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Tuesday, September 12, 2017 2:53:53 PM
We do need more enlightenment on this but that doesn't change the DD for me. Of course we need to see the consolidated financials to know the whole story.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134208408
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.
Since the battery Tech is more valuable than the EV bodies, who will be paying who? ZJMY holds the Ace with the superior battery Tech.
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