1. Share price should increase, based on increased demand if a Chery deal was announced. 2. Make 'em in China - do the engineering development here and manufacture there to keep costs down. Kinda crazy to ship transmissions all the way there for assembly into Chinese vehicles destined for the USA. 3. None. TOVC probably wants badly for Chery or anbody to manufacture the FTV; it all comes down to how much or how little they want to license the rights to do so.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.