Replies to post #89873 on JB and ZJMY Holding Co (JBZY)

[Jack_of_All_Trades]

DOLV about to go huge here!!!

[xlogit3k]

The fact that they are low speed doesn't concern me. That is where the biggest niche market lies. $JBMY

[streamandgo]

No bash, but be careful with this. It looks like Dequn Wang has a lot of companies etc. We actually do not know what parts and how many parts go in to DOLV.

[Navin R. Johnson]

BOOM Ilhabela! Let's drill into the numbers-

Here is the article:

MB's translation:

Up to now, the first phase of the project has been completed four new energy automotive assembly line, the product includes electric police vehicles, tourist cars and other series of more than 10 kinds of products. Guangxi long years with an annual output of 150,000 electric vehicle production project is expected to put into operation in August

Radio News | Source: BBRTV 2017-06-25 08:43:49 | Network Editor: Liu Ai BBRTV June 25 (Reporter / Yang Pei Tim, Guo Lin, correspondent / Liang Yukang, Deng Fusheng) as Guigang City, the development of energy-saving environmental protection industry, "thirteen" plan key construction projects, Guangxi long-term annual output of 150,000 four-wheel low-speed intelligent Electric vehicle production project is steadily advancing, is expected to officially put into operation in August.

0:00 / 1:25

Recently, the reporter in Guangxi for a long time Star New Energy Vehicle Technology Co., Ltd. with an annual output of 150,000 four-wheel low-speed smart electric vehicle production project construction site to see, dozens of workers are working to optimize the construction of the ground floor. Liu Wei, general manager of the company, the project is currently under construction plant construction work is expected to be completed before the end of June construction, in August began production: "Now we have been to speed up the construction progress, the whole project is expected to be completed in October, Can achieve an annual output of not less than fifty thousand units of the electric car production line.

Reporters learned that the project planning investment of 2 billion yuan, the total production target of 150,000 four-wheel smart electric cars, all put into production after the integrated sales of more than 5 billion yuan, the project has been completed and put into operation. Qintang District Industrial Park, deputy director of Li Qingyun told reporters that in order to ensure the successful completion of the project put into operation, the park related departments to actively serve the project construction, with the shortest possible time to complete the 320 acres of land pre - registration work: "arrangements for tracking services, help project, , With telegraph equipment and other preparatory work, and many times to the project site to coordinate the project to solve the problem of water use.

Up to now, the first phase of the project has been completed four new energy automotive assembly line, the product includes electric police vehicles, tourist cars and other series of more than 10 kinds of products.


This implies a 2B yuan investment to produce 150K EVs with a total sales value of 5B (ave. 33,333 yuan per vehicle).

Or, a $295M investment to make 150K EVs with a sales value of ~$739M ($4,900 per vehicle)

Note: these were selling online Jinbo site @ $5,800

Low speed EV production numbers- ANNUALLY
ALSO- This is the Guangxi plant only

-Not the other Long Star production plant!
-Not the Chery facility that will produce SUVs & buses!