How to market a company without producing a single product. A shanghai based electric car brand made its debut on the stock market in the US many months ago. Today its price has risen by 1000% with analysts expecting a further 33% lift in the share price. Because a phenomenon after China celebrates its golden week lifts all boats traditionally. It sold hats and other merchandise to start its venture. However, it is backed by some heavy-hitting behemoths in china. The market demand for electric cars is booming and this company wants to cash in on that trend. It has some very attractive concepts for its cars with the added benefit of reducing battery costs through its associates.
This company is keeping its momentum going while developing a car to bring to the market. Once it does the sky is literally the limit for it given the potential in home market sales alone.
