The newly listed public company is in an EV market that you've probably never heard
| The electric vehicle market is dominated by Tesla and a bunch of other big automaker companies, but a recent electric vehicle merger has all of Wall Street talking. The company is called Nikola Motor Company (NASDAQ: NKLA) and their valuation at the merger was around $12 billion with a $35 stock price. As of this writing, Nikola's valuation has exploded and the stock has been on an absolute tear hitting an all-time high of $70 per share as investors clamor to own a piece of this electric vehicle space... even though their valuation would be considered absurd considering that the company is still pre-revenue! But another electric vehicle company recently merged on the NASDAQ around the same time as Nikola and is now beginning to introduce investors to a fast growing segment of the EV market that very few investors know about today… Yet by 2026, sales in this market are projected to reach more than $23.9 billion dollars. The electric vehicle industry as a whole focuses almost exclusively on straight to consumer vehicles, but ignores a huge market of people… Those who want all the benefits of EVs, but can't afford (or don't need) the expensive comfort and luxury features billed into the cost of standard electric vehicles
That's where this new NASDAQ merger company is beginning to fill a large void.
Instead of trying to compete with the Tesla's of the world, these industry disruptors are targeting the low speed electric vehicle (LSEV) market projected to be worth more than $7 Billion annually.
And they're not just targeting the market, they're establishing themselves as an industry leader.
Their Low Speed Electric Vehicles provide a much-needed solution for business owners, college and university campuses, and even state and city administrations desperately searching for sustainable, affordable, effective transportation solutions.
And with the recent completion of their NASDAQ merger, now investors have the opportunity to own a piece of their company. Click here to watch their brief investment video now. | |