Member Info for Feeks

Funding is not the problem per se. It is funding for the type of rapid scale up that they would wish for that is the problem. The company is reaching for big targets when it could have set more modest goals - and if it does not getting the right backing those more limited goals are what it will be left with.

It will get funding for scale up - there are long term investors who want to see it. But the price of that expansion is horrific and the damage most acute for existing private investors.

Not great. Thank you for asking. It's amateurish to load up too much / become overexposed on smallcaps- and not taking the pain by selling when it seems right to sell. Think I will keep well away from companies needing factories/ capital intensive investments. Or the stock market.

This has been a terrible investment. My worst. Still here learning painful lessons

"The initiative's objective is to ensure that all packaging is reusable or recyclable in an economically feasible way by 2030."

EPRS_BRI(2023)745707_EN.pdf

'Economically feasible' recycling is where LPB solutions seriously fall down. It is costly. Also, the recycled LPB fibres cannot often be re-used in a 'closed loop' system but must find secondary products instead e.g textiles

Https://www.embtechgroup.com/

What do you make of this.?

(This beauty) will soon be powering a Jet-RIB and (AFT motor) will be on action on the roads.

Maybe a link woth Orion fleet management...?

This is promising too. RNS of 20 March 2023:

https://www.lse.co.uk/rns/SED/saietta-unveils-light-duty-supply-chain-partner-qdkwdcx8jel1uvo.html

"The supply chain involves agreements with major tier-1 companies in the region for the key components including the gear box and power electronics. This includes a master supply agreement with AVTEC Limited, one of the largest independent manufacturers of powertrain and precision-engineered products in India."

"About AVTEC:

AVTEC is one of the largest independent manufacturers of powertrain and precision-engineered products in India. It is a part of CK Birla Group - a leading global business house, with over 25,000 employees and a combined turnover of US $2.8 billion.

With years of experience in manufacturing, AVTEC delivers competency across the entire value chain of design & manufacture of engines; transmissions and high precision components for Automotive, Off-Highway, Defence, Agriculture and Railway industry, in areas of both proprietary products and contract manufacturing."

So far we have heard relatively little by way of third party endorsement, but what did the COO of AVTEC say about Saietta's business today?

"Hey Prad

Good to see your business flourishing. Let's grow together. Saietta motor with AVTEC transmission is a fantastic combination of EV powertrain, just unbeatable in quality & reliability"

That's some endorsement of Saietta's business

Https://www.linkedin.com/posts/saietta_saiettaelectricdrive-aft140i-electricmobility-activity-7160565288717991936-hFzt?utm_source=share&utm_medium=member_android

It's a library where people go to 'try before they buy' on new biscuits!

What else do you need to know?

Https://www.linkedin.com/pulse/electric-scooters-made-india-myth-busted-sachin-bhise

I am not sure what the video is all about.....can you explain? You are probably already aware that many 2w companies in India were accused of using Chinese suppliers for parts against the MiI policy.

Hero/ Zero are high on my list of suspects

That may be true. They have previously stated that sales to underage (young?) persons makes up only a small part of overall sales.

Yes it did. It seems to command a useful niche place in the market as a small, powerful utility vehicle.

It says disposable so won't this just increase sales of more expensive nin-disposable product?

Https://www.businesstoday.in/bt-tv/video/italian-auto-giant-piaggio-reveals-its-big-investments-plan-in-e-mobility-area-in-india-377381-2023-04-14

Https://www.agribusinessglobal.com/biopesticides/sipcam-agro-usa-launches-mevalone-biofungicide-in-california/

Https://www.linkedin.com/pulse/custom-electric-bar-cart-heads-pga-show-orlando-fl-wlcec?trk=public_post_feed-article-content

Https://www.linkedin.com/posts/ayroinc_lsev-peoplemover-pgashow-activity-7156359610889621504-dgfN

I cannot really comprehend how it has not already gone bust.

Nicely benefitting the insurance company's premiums!!