JB and ZJMY Holding Co (JBZY)

[xlogit3k]

"Let’s catch up a little with JBZY for the starters. The entity was founded under the laws of Nevada on April 18, 2006. But, the business operations are carried on in Beijing, China. It focuses on the business of electric cars and their support systems. Currently, JBZY plans to launch two types of cars to the market; the electric car with a max range of 330 Kms, and an electrical SUV model with a max range of 500 km.

Why is the company investing in China?

This decision was smart. According to Bloomberg, the Chinese electric vehicle market (“EV”) became the largest market in the world in 2015. As many as 507,000 cars were sold. Additionally, this strong tendency is expected to continue. Experts are foreseeing sales equal to 2 million by 2020. "

$JBZY