RE:RE:RE:RE:Feds Investing $2.75b in Zero-emission BussesToweringmars,
You make an excellent point. Unfortunately its the same point many of us have been making for years with dynaCERT. And every year that goes by is another year where new technologies become less expensive and their time to commercialization gets closer.
Governments will use levers similar to the $2.75 billion announcement above to speed up change in other industries. Rest assured mining and Heavy Equipment operators would love to have the acquisition of new equipment that will lower their operating costs and carbon footprint subsidized. Just check out Cummins investment in electric heavy equipment as an example.
We would all like them to get their act together and actually make some REAL SALES, but they never seem to get the product or revenues across the finish line. Many investors have given up and rightfully so, given management's track record.
I am concerned that 2019 and Q1 2020 revenues will be reversed as I very much doubt that the 200 or so units shipped to KarbonKleen in 2019 and 2020 are still in market.
If that were to occur...... then look out below, including their listing status on the big board. Their burn rate with negligible revenue will be a problem IMHO