China has 1/6th of the worlds population, and a big percentage of them ride bikes, even if only 5% of the chinese population by e-bikes and galxy gets say $2 per battery, that´s $100mil+. These bikes being built and people being able to afford them is something that´s reachable in the next 5 years the way the chinese economy is going.
And not to mention india who has another billion, and the rest of the world, in my opinion Galaxy has targeted the right market to get the funds flowing and stamnp there authority.
How many people do u seriously think will buy battery powered cars in the next 10 years?
GXY Price at posting:
23.2¢ Sentiment: LT Buy Disclosure: Held
