Good work Showmethedollars! Another icing on the cake is that Evcarco has exclusive rights to Foton truck and Tazarri-Zero EV's....and hopefully BYD! Imagine that!.....Much cheaper and beautiful! EVCA!
EVCA will have the same costs as Carmax without anywhere near the volume per site. Therefore they will have a tough time making any profit, at least for the first sveral years. THe salvation here could be the commercial (CNG) business, the new Chinese trucks EVCA will have. But the impact of that is not easily predicted.
And I still think any financing will have to be equity based and therefore dilutive.
I am open to hearing creative ideas on how to avoid dilution and to increase volume per dealership.
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