Maybe not so relevant here in the USA right now but in Europe where this is taking place it would probably significantly reduce sales of any of our e-bikes. If they can buy a $2,000 e-bike for $500 based on China's subsidy of the e-bike market, customers probably won't spend the $2,000 for the SS2050. Remember, they're NOT cheap e-bikes that China is flooding the European market with. They are the higher quality bikes that they would typically sell for $2,000, just like TPAC's SS2050. The problem is that China's government is trying to squash the competition by subsidizing those e-bike sales for the next 3 years. The US would need to put an import tariff on any imports to the US from China to counteract that here, but if they did, how could TPAC get an exception to the Tariff since it too is being imported from China?
Any thoughts?
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