JNS Holding Corp (JNSH)

[Huy]

JNSH has other businesses along the chargers so they don't have to live on the subsidies. Also from what I gather the cost of setting these up aren't as expensive as it seems. All you're doing is pretty much putting a plug into the existing wire infrastructure and making a kiosk, you know how many of those are around and for some even less straight forward ways of generating revenues, but just consider something like RedBox how are they making profits renting out DVD's for $1 a day? We're making way more profit here.

The grants and subsidies will make it easier in the short run and in the long run as more people use electric cars these become indispensable. Also these are built with partnerships b/w JNSH and property owners so that's a free way of marketing their other services like electrical and building management. Their pricing strategy is probably nothing under 80% of what it costs you to get gas since there's little reason to cut even cheaper and as the network infrastructure grows the cost of every extra charger decreases. Don't forget that gas prices are this cheap because we currently have government intervention, nowhere else in the world is gas as cheap as America (besides the Mid-East).

There are plenty of companies that are way larger than JNSH who live on government grants and subsidies. You can't live on them forever because they change, but you can't deny that any company that receives a government contract or support makes bank.

Your purchase of an electric vehicle is still considered a luxury commodity and those buying are probably considering long term savings all that's missing is a way to get them charged.

I have emailed them about their pricing structure and will get you a clearer picture on Monday after I can call them again.