PETALING JAYA: Greatech Technology Bhd sees the cash constraint faced by one of its top three customers in the electric vehicle (EV) segment as a “small, manageable” issue, and expects to continue doing business with the US-based buyer.
While some investors sold the stock yesterday on news that electric pick-up truck start-up Lordstown Motor Corp does not have enough cash to commence full commercial production, Greatech executive director and CEO Tan Eng Kee told StarBiz that Lordstown Motor has been a good paymaster.