Yea the inside scoop i've heard from a person that had an interview with the CEO is that the potential partnership opportunities was with I believe an aluminium wheel company in the Us in which they could use their infrastructure to manufacture the wheels in the US. not sure on the details but best case scenario would be a joint venture structure where CAPEX and profits are distributed to help CBR build its low cost unit economics.
Moving to America is essential to be closer to the OEMs and raw materials. It is blatantly inefficient to import products like resin from America just to ship the completed wheels back to the US . Lets face it for CBR to be competitive & profitable they need the next Megaline in the US
CBR Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
