During the corresponding time, Leo Motors, Inc. saw a revenue deteriorated by -14.13 % year on year, sequentially revenue fell by -1.79 %. While revenue at the Leo Motors, Inc.'s corporate clients
Leo Motors's Comment on Sales, Marketing and Customers
We have directed our marketing efforts of e-Box energy solutions to companies
involved in the sustainable housing segment that requires efficient electric storage
solutions based on wind and solar power.
The Company has marketed its 60kW power train kits (for compact passenger cars
and small trucks) and its 120kW kits (for ICE passenger cars, buses, and trucks
under 5,000cc). The Company has developed a 240kW kit (for up to 10,000cc buses
and trucks) as well.
The Company has marketed electric fishing boats with 120 kW power trains. The
120W power train boat was registered to the National Federation of Fisheries
Cooperatives as first marketed electric boat product in Korea. With the registration,
our customers of e-Fishing Boats can receive government subsidy when they purchase
the 120kW power train boat from us.
Leo Motors’s Comment on Sales, Marketing and Customers
We have directed our marketing efforts of e-Box energy solutions to companies
involved in the sustainable housing segment that requires efficient electric storage
solutions based on wind and solar power.
The Company has marketed its 60kW power train kits (for compact passenger cars
and small trucks) and its 120kW kits (for ICE passenger cars, buses, and trucks
under 5,000cc). The Company has developed a 240kW kit (for up to 10,000cc buses
and trucks) as well.
The Company has marketed electric fishing boats with 120 kW power trains. The
120W power train boat was registered to the National Federation of Fisheries
Cooperatives as first marketed electric boat product in Korea. With the registration,
our customers of e-Fishing Boats can receive government subsidy when they purchase
the 120kW power train boat from us.
Sources:
Leo Motors, Inc.’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Leo Motors, Inc.’s corporate clients.
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