ZPP buys the gas motors already assembled by zongshen industrial group and they can then use the same lines with minor tweaking for assembly of gas and ebikes.
So, I guess that's it. When all is said and done, guidance is still 260,000 bikes. Margins are the same whether the bikes manufactured are e or gas bikes. In fact, by Ali's response they may be even higher - "well north of 10%" was his reply.
After all this, it appears that the growth shown in financial metrics of the company should continue irregardless of whether the bikes being manufactured are e bikes or gas bikes. We could be in for a period of "consolidation", at least until Q2 numbers are released, and then we'll see...
Have a great evening!