“We may be unable to adequately control the costs associated with our operations.”
“Our business model has yet to be tested and any failure to commercialize our strategic plans would have an adverse effect on our operating results and business, harm our reputation and could result in substantial liabilities that exceed our resources… Any investment in our company is therefore highly speculative and could result in the loss of your enture investment.”
“Our limited operating history makes evaluating our business and future prospects difficult and may increase the risk of your investment.
“There are no assurances that we will be able to secure future business with the major trucking companies or with independent truck drivers.”
“It is difficult to predict our future revenue and appropriately budget for our expenses, and we have limited insight into trends that may emerge and affect our business.”
“We will need to raise additional funds and these funds may not be available to us when we need them.”
“If the market for our BEV [battery electric vehicle] and FCEV [hydrogen-powered fuel-cell electric vehicle] trucks does not develop at the rate or to the extent that we expect, our business, prospects, financial condition and operating results will be harmed.
“The market for alternative fuel and electric trucks is new and untested and is characterized by rapidly changing technologies, price competition, numerous competitors or potential competitors, evolving government regulation and industry standards and uncertain customer demands and behaviors.”
“If we fail to manage our future growth effectively, we may not be able to market and sell our vehicles successfully.”
“Unfavorable publicity, or a failure to respond effectively to adverse publicity, could harm our reputation and adversely affect our business.”

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