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Ann: JDA Signed with Electric Hypercar Manufacturer - Dendrobium, page-49

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  1. 1,434 Posts.
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    Vanda Dendrobium hype(r)-car eh?
    Just when u thought it couldn't get any worse it suddenly does.

    JDA for potential sales of Singaporean concept car with production run measured in tens of units? Wonder if a car created by electric-mobility start-up and powered by battery start-up will attract any customers?  Singapore’s Vanda Electrics launched the car as a marketing exercise looking for 'halo' affect around their MotoChimp scooter and Ant truck:

    "Still, the supercar is but a lighthouse project for Vanda Electric, meant to bring attention to the company's bread-and-butter electric mobility products."

    Bread-and-butter products being Vanda's MotoChimp, capable of 30 km/h.  
    1. MotoChimp.PNG

    and Vanda's Ant 'bin truck' which can carry a tonne of municipal waste and run up to 40 km/h.

    2. Ant Truck.JPG

    All began when waste management & crane repair company, Wong Fong Industries , spins off Vanda Electrics in 2016 to 3 employees:
    3. Vanda Shareholders 2016.PNG
    Vanda Electrics, a 2 yr old start-up company with no previous car building experience, then paid Williams for 'off-the-shelf' EV framework to 'add sliver of credibility by proxy'. Though some journo's not entirely convinced: "Could it just be vapourware with a snazzy F1 name attached to it?"

    Vanda Electrics offerings:
    4.Vanda - 3 Model Range.PNG
    Wong Fong Industries declares Vanda Electrics losses for 2017
    5.Vanda 2017 Losses - Wong Fong Annual Report.PNG

    Wong Fong Industries, has declined offers to CR placements in Vanda Electrics in Jan 2017 and Apr 2018 with holding reduced progressively to 10.3%.
    6.Wong Fong decline Vanda CR - Apr 2018.PNG

    More recently, Vanda Electrics creates a new company, Dendrobium Automotive Limited, established in UK. Apparently the car due when the technology is reliable and financially viable.”
    A scale model is available now for $250.
    Wonder if that comes with batteries?
 
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