What a complicated view of thinking, on 8.2M$ revenue of 1Q 16, 6.3 M$ comes from a grant for investment done in 2010/2011, rest less than 2M$ for battery sales, if you substract the 0.7M$ from Daimler remain 1.2M$ of Litarion cells.

27M$ contract was assume to have 4.1M$ sales in 2015, where are there ?

It is not bad they got such large subsidies even if it is link to 5-6 years old investment, but excluding subsidies business is making loss.