Wednesday, February 24, 2021 11:01:47 PM
Recently, it was announced that Foxconn and Fisker will be working together to develop and manufacture an electric car offering.. coincidentally, the Fruit company has been making noises about moving into that very same market. OK I say...lots of folks seem to be interested in that space. The Fruit Company got upset with the Koreans because they violated project confidentiality and deep sixed them. Then silence.
So let’s speculate a bit....what if the Foxconn/Fisker arrangement is really a camouflaged Fruit/Foxconn/Fisker arrangement to keep a lid on the project, at least initially until the plan solidifies.
I like this idea because I see an opportunity...any EV will strongly value the strength/weight advantages that BMGs offer. Engineering from the ground up provides the opportunity to build a lightweight car with superior range and performance....all critical to ultimate success.
The fruit company’s depth of BMG technology is something that is a complete unknown. Using published patents is useless since that’s only the very tip of the iceberg. We do know they have been active for at least a decade and they would have scrapped it if they didn’t think it had potential. Terminating the agreement with LQMT (if indeed it is terminated) is a way to ensure confidentiality. Foxconn has been deep in BMG for many years and we have no insight into any technology sharing arrangement between Foxconn/Fruit.
Maybe we will finally find a use for all those acres in Wisconsin and by-the-way it’s really difficult to call a car consumer electronics even if it is an EV.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM