Eco City Vehicles (LON:ECV) - Beginning to motor
Jun 30th 2010 - Edison Investment Research today published a report on Eco City Vehicles (ECV.L, LSE:ECV, LON:ECV) entitled "Beginning To Motor". In summary, the report says:
Eco City Vehicles (ECV) is beginning to motor. Last year's revenues were up by 30%, with the promise of further strong growth in the current year. Management has strong ambitions both for the Mercedes Benz Vito taxi (Vito) and to extend into the hybrid commercial vehicle market. It is still too early to make confident medium-term predictions, but many of the signs seem to be pointing in the right direction.
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