Seeking Alpha

Ener1 (HEV +26%) pops after receiving approval from the Chinese government for its joint venture...

Ener1 (HEV +26%) pops after receiving approval from the Chinese government for its joint venture with Wanxiang Electric Vehicle to begin co-manufacturing lithium-ion energy storage systems for the China market.
Comments (1)
  • Duude
    , contributor
    Comments (3398) | Send Message
     
    Lets see if a revisit of Chinese corporate joint ventures can help us predict the future for HEV. 2 years from now a new Chinese competitor with the same technology will undercut the HEV joint venture. HEV will file a complaint of patent infringement which will get no action from the government. HEV will eventually disappear from the scene and later file for bankruptcy. In the meantime, more companies will seek joint ventures with Chinese manufacturing.
    18 Jul 2011, 12:13 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs