Yuri_G
Member
They have an actual factory with seasoned employees. Cost of living is a bit cheaper in Normal, Illinois vs Fremont, California.
They will start generating income next year by stamping parts for other OEMs next year. (There is a stamping shortage in the Midwest)
They may also sell battery packs or skateboards to other OEMs.
They have over 600 employees over 3 locations.
LG is behind Tesla/Panasonic but they are not 10 plus years behind.
There is now a much bigger electric vehicle infrastructure vs 8 years ago.
What is their production target for 2021?