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About Electric Car Company
Its shares trade under the ticker ELCR. It has been listed since 21 August 2007. In the fiscal year to 31 December 2009, it reported revenue of $1.1m and a net loss of $1.9m. At that date it held total assets of $1.2m and shareholders' equity of −$1.0m.
Electric Car Co., Inc. is a vehicle conversion company, which engages in the vehicle manufacturing business. The company is headquartered in Springfield, Missouri. The company went IPO on 2007-08-21. The firm operates as a marketer and distributor of automobiles, small buses, specialty vehicles, limousines and custom vehicle. As of December 31, 2009, the Company was developing a zero emissions pure electric livery vehicle. In August 24, 2009, the Company acquired Imperial Coachworks, Inc.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Discretionary
- Industry
- Automobiles
- Listed since
- 21 Aug 2007
- Employees
- 24
Leadership
Pay as last reported
- Gary SpaniakPresident, Chief Executive Officer, Chief Financial Officer, COO, Treasurer, Director, since 2008$125,000
- Lisa CattersonPresident of Imperial Coachworks$65,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Electric Car Company Inc enjoys several strengths that contribute to its success in the market. Firstly, the company has a strong brand presence and positive reputation for producing environmentally friendly vehicles. This allows the company to attract eco-conscious consumers and differentiate itself from competitors. Secondly, Electric Car Company Inc has a robust technological infrastructure which enables the manufacturing of high-quality electric cars. This technical expertise gives the company a competitive edge in the market. Additionally, the company has a skilled and dedicated workforce that is committed to innovation and customer satisfaction.
Weaknesses
- Despite its strengths, Electric Car Company Inc also faces some weaknesses that need to be addressed. One major weakness is the high production cost of electric cars compared to conventional cars. This puts Electric Car Company Inc at a price disadvantage and limits its market reach. Furthermore, the limited charging infrastructure for electric vehicles poses a challenge in terms of widespread adoption. Electric Car Company Inc should invest in charging stations and collaborate with government and private entities to address this issue.
Opportunities
- Electric Car Company Inc operates in a market with several opportunities that can be capitalized on. The growing global concern for environmental sustainability presents a significant market opportunity as consumers increasingly demand electric vehicles to reduce carbon emissions. Additionally, government initiatives and incentives favoring electric vehicle adoption provide a favorable regulatory environment for Electric Car Company Inc. This opens doors for collaboration and partnerships with various stakeholders to expand the company's market share. Moreover, the advancements in battery technology and infrastructure development give Electric Car Company Inc the chance to improve its electric vehicle range and charging capabilities.
Threats
- Electric Car Company Inc operates in a competitive market and faces various threats that can impact its growth. One significant threat is the intense competition from well-established automobile manufacturers that are also entering the electric vehicle market. These competitors have strong brand recognition, extensive distribution networks, and greater financial resources. Electric Car Company Inc must differentiate its products and continuously innovate to maintain its market position. Another threat is the potential for changes in government regulations and incentives, which can directly impact the demand for electric vehicles. Economic downturns, fluctuations in raw material prices, and supply chain disruptions are also potential threats that Electric Car Company Inc needs to monitor and manage.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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