Post by
fishcarrier on Jan 29, 2021 11:04am
Electric vehicles
It looks like EV will take off rather rapidly. I wonder how well MRE is suited for this. It makes battery trays and brake linings and brake hoses. But it also makes a lot of other parts that an EV won't need. MRE will have to expand its production equipment into other areas won't it? Any ideas how this company will make money in the future?
Comment by
Odinson on Jan 31, 2021 7:11am
They also do a lot of aluminum casting work. Apparently they currently cast engine blocks for one or more car companies. I think they could slide into manufacturing other products quite easily. building batteries or other components is hopefully on their table for discussion.