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rige

10/13/17 11:09 AM

#131430 RE: Watts Watt #131426

Can’t convince anyone that a container being Trucked then freighted then going through Port, then shipping and doing it all again on the other side is cheaper than tucked and freighted.

Adding Ports and shippings costs is way more expensive and time consuming.

Its not just about distance, While HK-CA is closer its NOT faster, it takes so much more travel time on a slow moving container ship.

Shipping/port/customs/duties/clearance = SLOW = More Costs.

Also why do you only compare HK-CA to CA-LA, don’t you believe that parts would also be needed on the East Coast?

Any central U.S. location is cheaper and way way faster than ex-HK.

That should put this matter to rest. If not then consider why Li bought a manufacturing Facility that can hold a minimum of 27 machines ?
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joshuaeyu

10/13/17 1:40 PM

#131451 RE: Watts Watt #131426

Happy customer is what will make happy shareholder.

Quote:
“Because it is not cost (and on demand) effective to ship bulk items across the continent. Same reason LQMT should have no part of GM China or Tesla Shanghai. “

Point is GM/Tesla US will be more happy to receive shipment from LQMT than Eontec base on closer location.

Please note the “on demand” phrase

I believe that is the same as JIT which you felt it is very critical.

“Closer location” typically translated into lower shipping cost and (more importantly) time.

BTW, please check one of Lugee Li reasoning for LQMT investment is “location” (being close to target customer)