YASA motors win stacks of public money...

[jonescg]

http://chargedevs.com/newswire/yasa-motors-secures-5-million-pounds-in-funding/

But will they get cheaper?

 

[Miles]

In the UK, "public money" is something that comes from the taxpayers..........

 

[Punx0r]

YASA’s founder and chief technology officer, who invented the motor for his DPhil project at Oxford University.

Impressive. I hope he got good marks for his thesis!

 

[friendly1uk]

Seems very good, but why am I paying for it.

Least the company name is instantly recognisable as british, not something you would avoid.

 

[Dauntless]

Seems very good, but why am I paying for it.

Well, if you ARE paying for it it's because you chose to invest in it. How much financial instrumentation did you buy? " The new equity finance has been raised from a combination of existing and new investors. . . ." Were you an existing investor, or are you a new one?

The way you commence selling stocks and bonds in your company is you 'Go PUBLIC,' having an IPO/Initial PUBLIC Offering, becoming PUBLICLY traded. C'mon, this is too basic to miss that badly.

Least the company name is instantly recognisable as british, not something you would avoid.

Yeah, I spent the holidays in the southern states. Everybody was talking about this British electric motor company. Whenever you asked if, say, something was alright, they'd think of those motors and pronounce it 'Yas-sah.'

 

[flathill]

Good stuff

But how can the price come down for us

They wont sell direct

We need to find the industrial users so we can order replacement parts

Or build a mini version for ebikes

 

[Giovanni LiCalsi]

We will have to wait until the EV wrecks and the breakers sell the parts.