General Discussion Topics, page-97098

BTW, just spoke to a mate today who just spent 4 weeks in China.

His wife is Chinese and was visiting the relos.

Nearly every cab he caught was an EV.

He estimated 20% of cars on the road are EV.

EV's are all the rage, with many speaking of transitioning due to the great range of models they have in all segments and price ranges.

Infrastructure and roads are fantastic..... cameras everywhere....

Very optimistic outlook, after the reopening.

Hospitality and retail were packed everywhere they went, as the lockdowns have ended and most have recovered form the Covid wave that went through. They are experiencing the same surge and demand in discretionary spending we saw after our lockdowns ended.

I know its anecdotal evidence, but it seems to align with reports in the media coming out of China, which has led to a strong rebound in EV sales and the economy in March, and are forecast to be even stronger when the April figures are released.

As I said yesterday, this seems to bode well for our timelines for first shipment and revenues in July...

Good luck everyone...