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Sunday, March 19, 2023 12:33:44 PM
“muck 30 11:24 AM
$RIDE What is LMC's value to FoxConn? They are their only partner so far to have homologated and brought a certified EV platform to market in the US. The MIH consortium needs that experience for their Project X initiatives and LMC is at the ground floor of designing the chassis for each of that project's platforms. MC's business model should just be a supplier of chassis for the
3-seater, 6-seater, and 9-seater platforms and take purchase orders from up fitters who want to their own commercial body slapped on an MIH platform. Turn profit there first and establish a customer base with up fitters and then reintroduce an Endurance branded pickup on that same platform at a later date when they got better cash flow. Bullish”
![Bearish](/static/images/ih2-bear.png)
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