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RaptureSpecialist

09/24/19 4:26 PM

#37572 RE: thats_my_wave_dude #37571

Do you think he is under promising the 1 Billion? I sure do, Giddy Up!$$

uksausage

09/25/19 8:01 AM

#37576 RE: thats_my_wave_dude #37571

In the previous 5 year plan (not a "he said") they were targeting $500m in 2020.

That was based on the ITC tax credit being extended which got delayed by 15 months.

With the updated business plan there is a very good chance of being close to the $500 in 2021.

Establishing themselves as a major player in the tethered vehicle market is going to be a challenge, many new players in the EV market and smaller FC companies not understanding the complexities of the H2 infrastructure needed.

PLUG needs to also ensure they have the right H2 solutions - where is the retail store/10 Fork lift solution? How about the high volume refuel H2 needed for delivery vehicles? Can they do curb side fill ups in emergency form their H2 delivery vehicles?

If anyone can PLUG can and the new partnerships announced how they are planning strategically