RE:A Glimpse Into The Futurethe fourth
Yes, Its a glimpse alright.
In a nutshell it states the following:
"Exro, go and raise $30 million now, take ALL the RISK to make sure you can build and deliver the units we won't start buying for a year and a half. And that is assuming things don't change of course. And yes, if we still see your tech as delivering the advantages we think it does today then we should be able to sell 25000 per year in the fourth year of the 5 year exclusive you just gave us! If it doesn't, then we won't sell that many, if any at all and we will still have a year left on our exclusive that precludes you from selling to anyone else. But don't worry, its only for class, 3,4,5 and 6 vehicles..... globally?