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Startup Series: BasiGo

Inevitable

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How Do You Think About Capital Intensity and Source of Capital

The first couple of buses will be on the road and that's a big milestone. And for those bus operators, I would assume they're not gonna go from using zero electric to 100%, they'll probably test. So what happens for a bus operator? It literally looks no different for them to run an electric bus compared to a diesel. Uh huh. Alex, this company requires a bunch of debt. How do you feel about capital intensity and source of capital ? We need to validate and verify that the debt will be there before making that early stage equity investment. But yeah, you have to believe that.

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