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value1008

11/11/21 12:35 AM

#248 RE: worthylion #246

I just finished reading the CC transcript at SeekingAlpha.
Here's what i just posted to Stocktwits:

On CC, mgmt clarified that the homologated (fully safety certified) vans will be available in Dec., ready for the public roads. And these vans will sell for $34,500 (the unhomologated vans for campuses & airports sell for
$27K).

--And they're working on contract prices 60% of the current $25k spot prices for containers, and with 2 chassis units per container, ELMS can slash $5K off the cost-of-goods for each van.

--There were a lot of other positives in the CC, including how their salivating customers want the Urban Utility truck pulled up even closer on the timeline to production. CEO James Taylor explained how both the production and the safety certification for the truck will be EASIER, FASTER and LESS EXPENSIVE than for the van, so they may indeed be able to start selling it sooner than 2H 2022.