Dragon Capital Group Corp (DRGV)

[JPS02]

Chinese company to invade US EV space with cheapest electric cars



Extract source: https://auto.hindustantimes.com/auto/cars/chinese-company-to-invade-us-ev-space-with-cheapest-electric-cars-41596444794434.html

- Although the article above is not directly related to DRGV, it helps us understand the strategy behind China's low cost electric cars entrance strategy into the U.S. and global markets. This low cost business strategy may explain the impetus behind what we are finding with DRGV for a potential Chinese electric car company to enter the U.S. through a reverse merger and avoid high IPO fees.

Go DRGV!