The last grant announcement was for $12m, and only like two months ago.
CBR have 9 new programs underway. Two of which are awarded (signed contracts), one of which is a high volume SUV.
The other 7 are in design and engineering, two of which are EVs. One important thing to note, no OEM has got to the 'detailed design and engineering agreement' stage and backed out.
CBR Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held