Replies to post #104218 on JB and ZJMY Holding Co (JBZY)

[John_Langston]

Interesting fact, India has mandated that within 13 years 100% of new vehicles must be electric

I love these OTC facts. lol

[Stock Farmer]

India is pursuing EVs with battery swap technology.

EVs with battery swap technology could be the wave of the future in Asia.

A couple of India's homegrown EV companies are working on it but JB&ZJMY has better battery technology IMO. The India company's EV bus only has a range of 120 km. If ZJMY's bus is anything like their V3 SUV it should have a significantly higher range.

https://www.optimistdaily.com/2017/07/india-introduces-electric-buses-that-can-swap-batteries-at-gas-stations/

July 19, 2017
https://qz.com/1033014/ashok-leyland-wants-to-bring-electric-buses-that-can-swap-batteries-at-petrol-pump-like-facilities-to-india/

Here is a quote mentioning India's EV plan:

In a lecture in June, Ashok Jhunjhunwala, a principal advisor to the government of India’s ministry of new and renewable energy, insisted that swappable batteries would have to be at the heart of the government’s plan to put at least six million electric vehicles (EVs) on Indian roads by 2020.