Well put, Marcmarcoz. I’m sure that (contrary to the warm treacle enema they gave the CEO) they ARE testing competing technologies. When they’ve got prototypes of each, they’ll rate them against each other. Then the bidding war will start. They will explain that, although our product is wonderful and can increase their car’s range by “x” km and lower their costs by “y” $/car the competition can do that, too. And theirs will cost $100 less/car to use. Can we be more competitive with our price? And they’ll say the same to the other mob. And drive down the price until we’re practically giving it to them at cost. Funny thing is, the Chinese are going to drive them to bankruptcy anyway.
ADO Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held
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