German partner - DaimlerThe post below was the first that I recall where I am definitively of the opinion that the partnership s with Daimler.
My thoughts on that have not changed and in fact have been emboldened as the story has developed.
If I may suggest.... take the time to review the MD & A objectively without too much emotion. The report is consistent with all that transpired in 2016. They story is far more clearer and the writing remains on the wall from my perspective. We are getting increased activity and PR from the company and I am confident that we are about to reach the point where those relationships alluded to in the MD & A will be more clearly defined. Remember they are dealing with companies with multi billion dollar market caps. The big boys are calling the shots as to what can be released and when. I am confident that it is no coincidence that they will all be in Diego together next week. I know I can rhyme off all the other timeline coincidences and the plural relationships between the companies concerned. I do not believe in that many coincidences.... logic tells me my instincts are right on this one. My conviction won't waiver until there is a revelation to the contrary.
Daimler at Distributech San Diego, CA https://www.mercedes-benz.com/en/mercedes-benz-energy/news/ 31.Jan 17. 02.Feb.2017 and so is EGT. Bosch is a supplier for Daimler. https://www.reuters.com/article/us-daimler-electric-executive-idUSKCN10S1DW EGT @ DistribuTECH in San Diego, CA from January 31 - February 2, 2017 at ESCRYPT's booth #2351. Writing is on the wall !
There are far too many coincidences to dismiss.
"The Companys primary European objective remains alignment with the stationary energy storage product development roadmap of its German automotive partner"
The relationship exists... it just remains to be defined and I am optimistic that will happen at DistrbuTECH in Diego.
GLTA & DYODD
1969Enigma wrote: My earliest thoughts on this question was that VW was a strong candidate. I will admit that line of thought shifted with the allusion to the German Auto "subsidiary". With the keyword "subsidiary" .... I've taken pains to identify a big 3 German Auto company that had a subsidiary involved with home energy storage systems. While both BMW and VW have communicated plans to expand into this market, Daimler already is and had a market presence .... through their "subsidiary" deutz accumotive, including targeted marketing in Australia as one of my earlier media posts identifies. Similarly Daimler had a market presence at the time of the earlier EGT media releases. We know that Daimler has a relationship with SMA, however media releases for Daimler through June / July alluded to an electrical partner yet to be identified which begs the question, Why be evasive when they already have an SMA partnership? With all the competitive secrecy remarked to in EGT's media releases It ties in nicely with a Daimler partnership. Recent media coverage has VW in discussions with SMA as well. BMW is high voltage vs EGTs low voltage bidirectional inverters and PCS.
There are several coincidental timelines between the companies and EGT. Eguana's partner LG Chem also has a history with VW and recently won one of VW's awards.
If if we look at Itochu, they are part owners of Enerdel which coincidentally were the battery providers of Daimler's electric trucks. One of my earlier posts identifies that relationship.
IMO the partnership will be with Daimler, however I am happy to be wrong considering the peer companies we are discussing. EGT will do well with any of them. I won't be surprised to see future relationships with all of them.
GLTA