ATTN ALL:
I think less than 2% of you have actually talked to Jack or Scott at EVCA. The NDA=real. The conference=real but they didn't want to go. Funding offers=real but waiting on a letter of intent who knows when. EVCA plans to build 4 dealerships within 12 months. EVCA plans to sell mainly used hybrids for years, until EV takes off. If EV does not take off, they will be a superstore for used hybrids.
By the way the used car market is 40M/year whereas the new market is 10M/year. Hybrids are 3.3% of the market, or 1.5M used sold per year, at around 20K per car, its roughly a 30B dollar biz.
Did you know, used cars sales in the U.S. is the largest consumer segment in the world, valued at $340B annually.