Q3 2020 Earnings Call November 9, 2020
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“Business momentum remains strong as MEG invoiced 203 electronic vehicles after completing delivery in July and August. MEG delivered 25 heavy trucks and 178 ride hailing taxis over the two-month period between July 1 and August 31, as it continued to fulfil the orders received in previous months. These units have been delivered to the customers and delivery notes obtained which reaffirms its commitment to accelerate deliveries post the lifting of COVID-19 related restrictions. MEG also invoiced 557 ride hailing taxis to customers and their delivery will be completed soon. September is a seasonally strong month, and we believe that IDEX will end the quarter on a strong note with record sales.”
Source: Peter Wright - Update Report - October 14, 2020
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