RE: Something4 May 2024 07:02
Being a retired British European Support Engineer, I very much think DG Innovation is on to something big with their Parenta drives which are proving to be good enough to attract top Tesla designers.
That in itself is proof that they have a great product that will be protected with various patents around the world. Purchase includes jet mill and furnace to enhance the development of energy storage products, as well as a motor pilot production line and 3D manufacturing simulation software which enables a faster path to mass production. The prototype is just an important first step to production scheduled in partnership with the formation of a joint venture to produce DG Innovate’s Pareta® e-drives in Chandigarh, India.
The proposed joint venture, 60% owned by DG Innovate and 40% by EVage will also cater to international markets. First deliveries are scheduled for Q1 2025; manufacturing should begin this year!
This is not just a dream, it's a serious high-tech project on the verge of going into production of thousands of units where the future of DG Innovates products is virtually guaranteed.
My advice to any potential Investor is to stay focused on the sales of the exciting product and not get drawn into people's politics or de-rampers remarks. Have a good weekend.