Very little. The great majority of revenue is driven by things like EV school buses, EV municipal buses, EV trash trucks, Amazon fleet trucks.
They have very little passenger vehicle exposure, they have a tiny one through their sale to some EV OEMs who need to charge the cars quickly before moving them.
I think the market is waiting to hear the justification for the sale. The numbers make sense but the logic isn't there yet. I'm sure we'll know more in two weeks
What do you mean, if you do the call he lays it out clearly. Selling ebloc unlocks capital to keep growing eboost, and two distinct businesses to grow at the same time was too much work and too much capital.
10/30 call is very bullish - he also mentions that the types of customers in the e-bloc segment were harder to turn over, which was a drag on margins, and that we'll see the improvement in the November call.
Thanks for the write up. How much, if any, is dependent on EV sales? Does the election cause any concern especially if Trump wins?
Very little. The great majority of revenue is driven by things like EV school buses, EV municipal buses, EV trash trucks, Amazon fleet trucks.
They have very little passenger vehicle exposure, they have a tiny one through their sale to some EV OEMs who need to charge the cars quickly before moving them.
I think the market is waiting to hear the justification for the sale. The numbers make sense but the logic isn't there yet. I'm sure we'll know more in two weeks
What do you mean, if you do the call he lays it out clearly. Selling ebloc unlocks capital to keep growing eboost, and two distinct businesses to grow at the same time was too much work and too much capital.
10/30 call is very bullish - he also mentions that the types of customers in the e-bloc segment were harder to turn over, which was a drag on margins, and that we'll see the improvement in the November call.
Sorry just noticed that and listened. thanks