10/34 $MVST’s claim to fame is the lithium titanium oxide (LTO) battery, once promising because of its fast-charging properties but now abandoned by the industry due to low energy density and propensity to catch fire. 11/34 The founder of $MVST “unfortunately chose the wrong technical route,” a Chinese battery scientist told us.

By popular request:
J Cap just published a new report on $FFIE, an EV scam founded by China’s most famous securities fraudster. Read it here: jcapitalresearch.com 1/Like other EV frauds, $FFIE seems to have invented most of its “reservations.” They disappeared from company docs after Hindenburg’s Lordstown report in March. And no wonder: 78% of the 14,000 bookings had been “disappeared” a year earlier and converted to a note payable—at 8%.

6/Since $FFIE just raised $1 billion, how come it’s issuing debt for piddly amounts at 14%? 7/$FFIE says it has an MOU with a “Tier 1” city in China. That’s Zhuhai—which is Tier 3. The Chinese press reported that Zhuhai’s government withdrew from the arrangement formally last July, but FFIE is still talking about it.