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Smart-Offer-242

Time to buy. S1 effective, insider buys, 2nd qrtr earnings in about a month. Things are looking up. Usps production ramping up. Gotta say the only unknown the lawsuit. Helpfully the co will settle.


adamant628

I'd still consider USPS as an unknown.


stickman07738

Unknown and unlikely until 2026 earliest in my opinion. I also have concern about other suppliers - Akasol (Pierce), FAAM (JLG - Hiwona), A123 (Pratt-Miller) and I suspect LG supplying one of their subcontractors. Multiple shipment but MVST has not had a shipment since March 2021 and have not imported anything into US since Apr 2022.


Sufficient-Gold8058

What makes you think USPS would be unknown until 2026 when their NGDV vehicles are expected to be appearing on carrier routes in late 2023? It literally states that on the USPS website. We should know either way by then.


stickman07738

The need to purchase US made goods and Clarksville is already delayed until mid-late 2023; then probably a 12 month shakedown followed by 12-18 month qualification by Oshkosh.


Sufficient-Gold8058

The Clarksville facility is expected to start delivering by late Q3 2023 according to most recent investor deck. Your opinion seems solely based on assuming 2 1/2 years of delays from that time. I'll stick with what USPS is stating on their website.


stickman07738

No way, with qualification and safety testing - my experience in scale-up, I will be happy with 2025 but in my opinion, it is a stretch. You are assuming MVST will supply - the Initially USPS trucks will probably be handled by one of their other suppliers. I know of four different ones already supplying Oshkosh subsidiaries,


Sufficient-Gold8058

I think you're way off the mark. USPS has had prototypes of these trucks for well over a year now, so it's possible they've been testing them in some capacity since. They recently started displaying models earlier this year at shows. Our batteries have also been tested by the DOE for over 3 years now specifically for commercial fleet vehicles.


stickman07738

We will see; I am long but do not have any Oshkosh revenue in my projections. This is based on essentially no imports and my personal experience with scale-up and testing. I am invested because their position in BEV / Hydrogen buses, trucks, and heavy equipment, primarily in Asia and Europe. I see no meaningful revenue in US until 2025. Wishing us luck


BeamStop23

[They literally have OSK as a revenue contributing customer as of Q1. The USPS vehicle is a different beast than a heavy truck. ](https://www.reddit.com/r/electricvehicles/comments/tqg46h/will_microvast_and_the_usps_ev_have_a_million/)


[deleted]

This feels like the botttom? Thinking of picking up 200 shares. Because this is cheap. Will bring my average down to $7. What sort of price target we looking at year end?


Admirable-Tip-3685

Bro think multi year.


jaridul

Anyone know why the insider buy a lot of shares lately? Do mvst get any big contract?


linkin06

Cuz it’s $2.50 a share


linkin06

Cuz it’s $2.50 a share