EGT - Daimler - & partners
EGT: Interesting development...
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https://www.google.ca/amp/www.cnbc.com/amp/2017/05/18/mercedes-benz-and-vivint-solar-partner-to-compete-with-tesla-in-home-energy.html
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$EGT Partners: https://cdn.ceo.ca/1chucuj-Capture.JPG
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From a corporate standpoint the company would argue that they have already disclosed who they are partnered with. The company has been officially bound by corporate non-disclosure and it’s important to understand that this is only one aspect of releasing information, keeping the competitive objectives of EGT's partners carries the same amount of weight. When EGT first released their PR regarding the prototype development for their German Auto Partner with a subsidiary in the home energy storage solution space... there was only one German Auto manufacturer in that space and who had been in that market space since 2015... Daimler. All other major German Automotive manufacturers did not even enter that space or consider entering it until the summer of 2016. While a lot of forums and posters keep raising the question about Daimler and SMA.... they've all overlooked something very specific. Daimler's new battery solutions offers an integrated inverter ... that is EGT, rather than a paired solution for their old battery... that was SMA. A subtle but very specific difference. The language from all of Daimler's PR and EGT's MD&A are agreed upon in advance. If you look closely you will see the exact choice of language and description and the parallels between the two company's communications. Also consider other common partners; LG Chem, Bosch etc.. and now Vivint. Some people may choose to only believe when they see the official strategically released press release. They'll probably be playing catch up when that happens.
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GLTA & DYODD