Customer DependencyGM represented over half of Aspen’s 2Q24 revenue, making GM a singularly important customer until new customers ramp for Aspen into 2026.
Investor ConfidenceInvestor confidence is dampened by uncertainty regarding the new administration's support for the EV industry, affecting expectations for the company's 2025 performance.
Regulatory RisksThe looming new Administration brings with it questions of risk related to EV support and ASPN’s conditional DOE loan commitment in support of its Statesboro, GA production plant buildout.