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Tuesday, 05/09/2023 3:32:18 PM

Tuesday, May 09, 2023 3:32:18 PM

Post# of 8504
Reddit:

LMC's new vehicle platform to be seen August 3rd?

If you read the agreement between Foxconn and Fisker ([https://www.sec.gov/Archives/edgar/data/1720990/000119312521163828/d14073dex101.htm](https://www.sec.gov/Archives/edgar/data/1720990/000119312521163828/d14073dex101.htm)) regarding the PEAR, it's not just about manufacturing, it's a partnership. Part of the partnership is the "Platform Sharing Agreement", much like Magna Steyr did for the Ocean, Foxconn is required to supply the EV platform.

It's likely that at the time of the agreement the idea was for Foxconn to build a plant in the US capable of building vehicles on the MIH platform that was created for the Model C. The MIH platform the Model C is built on uses a megacast chassis, and Fisker has said the PEAR platform has changed and will now be based on a steel frame chassis - like the Endurance.

Since LMC has partnered with Foxconn, via both the JV (MIH EV Design) and the direct $170M direct investment, the focus has been the creation of a MIH based 'new vehicle platform' - the $100M preferred share investment specifically earmarks the investment for that purpose.

Foxconn is required to provide Fisker a MIH EV platform to build the PEAR on and Foxconn is paying (investing in) LMC to create an new MIH EV platform. It seam logical that this new MIH EV platform LMC is creating is the platform that will be used for the PEAR.

Fisker has stated that they will be releasing other vehicles on the same platform the PEAR will use. Today during Fiskers ER they announced that on August 3rd, Fisker will reveal the PEAR (SUV), Ronin (sports car) and the Alaska (pickup).

This reminded me of Hydra Design Labs Facebook cover photo. Hydra Design Labs did initial design and clay modeling for both the Endurance and the Monarch tractor. And last year they updated their Facebook cover page showing three vehicles covered with black tarps, they appeared to be a sports car, a SUV and a Pickup.

Here's the pic -



https://preview.redd.it/jgexn8z9htya1.jpg?width=851&format=pjpg&auto=webp&v=enabled&s=5a3ca2331dad3ff3852e26336e59c31c37361592

I think it's very possible that there is a significant partnership between Foxconn, Fisker, LMC and Hydra , and if there is we should know about it on or before August 3rd.