RE:RE:RE:RE:RE:Not Overly Impressed.....Markcalgary,
YOU ARE WRONG ON A NUMBER OF COUNTS.
1.The exclusive is for Classes 3 through 6
2. Linamar was well behind other manufacturers in the e-axle space, particularly the 4in1 space. There are at least a dozen manufacturers in this space one of which is ZF (remember them?) So rest assured that Linamar needed EXRO too.
3. This market segment has the best opportunity of any right now because while they do a lot of "hauling" their average route length is such that current battery tech enables the cost savings manufacturers are looking for. Which is why they expect the e-axle business is worth 16 billion with a CAGR of 17% through to 2030.
Mr. Market has spoken. We are down 10%. Unfortunately and for reasons that escape logic, EXRO decided on announcing both the DCA and the financing at the same time which precluded Mr. Market from expressing an opinion on the DCA alone.