Will reverse merger with Microvast who currently produces batteries for electric industrial vehicles - think fork lifts and the like; they also announced a joint development agreement with $OSK who is one of the major players for the USPS electrification initiative (actually was awarded the USPS contract, though that's in contention at present).What's the story on THCB?
I just think with existing manufacturing capabilities and a global presence (Chinese based) they will likely do well as the electrification of transportation revolution unfolds (scooters, buses, etc.).
I bought the March dip and have added incrementally since (full position at this point, and a little overweight TBH) - they were supposed to complete the RM at the end of April, but this was pushed out into July.