LMC has enough financing until 2 or 3Q of 2023. Even if they build the 2500 trucks by half of 2023( this is income but not enough) by then new orders to build 10k in 2024 will need funding . Hopefully LMC get to sell hub-motors as an additional source of income. Other models are expected ( maybe a van ) . The JV partnership shots is being called by Foxconn so I would think it’s in the best interest the money come from Foxconn.
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