The vehicles in the test fleet assembled completed in Trollhättan. Deliveries will begin before midsummer of this year. But still, the battery and the electric motor in the electric Saabs sold to China also assembled there. For economic reasons, says press officer Mikael Östlund to New Technology:
-The electric motor and the battery are made in China, so it's easier to be mounted there. It is Japanese technology, but the battery is manufactured in our own factory in Beijing. The motor we buy.
-The battery pack and electric motor makes up about half the vehicle's value. The parts we do not need to pay import duties on as they are counted as Chinese.
The technology in the new version of electric 9-3 is Nevs own and has nothing to do with the content of the electrified 9-3 which was built with technology from Electroengine and Boston Power, assures Mikael Östlund
I have been looking there. Can you post with a direct link. Also UQM on the conf. call did not say anything regarding providing motors for 200 cars (why would they not say it?), only that SAAB is on a fast track. Those cars are rolling off the line in April. If SAAB is not using UQM for the 200 test vehicles, they are unlikely to use them for the rest.
It looks like SAAB is going with a Japanese supplier for the Electric drive. the article is a little old. But SAAB is putting out 200 electric cars out by April. Who is providing the Electric motor
"But Saab's previous electric vehicle partners, Boston Power and Electroengine may not be included. The continued electric adaptation of the Saab 9-3 model will be done using advanced EV technology from Japan, writes NEVS in a press release"
The negativity on this board is non constructive. if you do not like the stock sell it and move on. we all make mistakes. if you think you made one sell and move on to your next success. lamenting and taking the stock down by words again and again and again is a sign of a loser. Look forward not backward.
now. it would be nice if UQM wins SAAB or Audi. but it is not the end of the world if they do not. look around at how globally the interest is rising in electric vehicles. look at the long term plan of how UQM is trying to get partnerships globally and internally on the bus side. think about the UPS positive views on the quality of the motors.
things are accelerating globally at a much faster pace than previously
there is not that many shares outstanding. so impact to bottom line is sensitive positively
let us be patient this cycle because things are accelerating
do not talk about the past. look forward
lets us share positive articles about what is happening that can give us insights. let us be technical and constructive
Good luck to everyone.
what has me mystified is the investment google made in Himx. if google was seeing that LED's were the long term winner, they would not be investing in HIMX but rather buy from HIMX. is Himax developing something better. Are EMAN buyers smarter than Google. I had bought large position in Eman twice and sold it. I do not know when the best product for the money (commercially) will converge in favor of EMAN. I am torn
Speculating here. they have said on conference calls and elsewhere that they have enough cash to last 2 years. so why an offering now?. possible announcement is pending that will drive the stock up and then they make the offering at the higher price. just like plug did. there also could be a factory expansion that is needed to convince a big motor buyer that they can deliver motors?
it is interesting that the stock also went up in January 2013. high at 3.65 and then went to 3.17 in feb. the CFO sold a bunch of options in December. his total holdings in may were 15k shares and now also 15k shares. certainly does not give high vote of confidence. I am tending to believe nothing great about the QTR. this is a wearable computing price action move. who knows where the market will price balance the potential
If they have to put a car in the show room in 5 months, I would think that they would have had to place an order by now. Motor manufacturing time at UQM and car build time by SAAB?