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Unless these guys have a plentiful battery source AND some IP that no one else has...I don't see them making it. F150 electric and hummer come out in 2023 and I would be hard pressed to believe these guys will have the capital to absorb heavy losses YOY until they are profitable. Maybe they got lucky with a bus or delivery vehicle contract but it seems like all the major supply chain guys have their eggs in lots of baskets and will pivot to one eventual winner. Tesla has a very diversified revenue stream and one of the most vertically integrated supply chains. They portfolio of IP is pretty substantial too, especially with battery tech and manufacturing.
Dont get me wrong, would love to see them make it.... unfortunately the cards are stacked against them.
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