Carolin Funk of Blue Bear Capital expressed optimism about finding ways to get the most out of operations.
As a challenge, “There are a lot of different companies with a lot of different business models,” she said. Another question: Has the best use been made of the money that has been raised?
Kristian Hanelt of Ultra Capital is pleased that EV owners are satisfied with their vehicles – at least they are based on his informal survey of Uber and Lyft drivers.
Media criticism, particularly from financial publications, is a negative, he said. “The perception isn’t the reality.”
Nneka Kibuule of Aligned Climate Capital is excited about the government’s economic policies toward EVs. “Policy is driving innovation, which doesn’t always happen,” she said.
The challenge: “It is complicated to deploy this technology to scale.”
Daniel Lyons of IMPROVED Corporate Finance is pleased that, “There is a mosaic of solutions out there.”
On the other hand, “If you’re not a good business, raising capital in this space might be a problem.”
