1. Limited product portfolio: AmmPower Corp has a limited product portfolio compared to its peers, which may limit its ability to compete in the market.
2. Lack of brand recognition: The company is relatively new and lacks the brand recognition of its more established peers, which may make it difficult to attract customers and investors.
3. Limited financial resources: AmmPower Corp has limited financial resources compared to its peers, which may limit its ability to invest in research and development, marketing, and other areas critical to its growth.
4. Dependence on a single technology: The company's focus on solid-state batteries may limit its ability to adapt to changes in the market or to develop new products that meet evolving customer needs.
5. Limited distribution network: AmmPower Corp has a limited distribution network compared to its peers, which may limit its ability to reach customers in key markets.
6. Lack of established partnerships: The company has yet to establish partnerships with major players in the industry, which may limit its ability to access key resources and expertise.
7. Regulatory challenges: The company may face regulatory challenges as it seeks to commercialize its products, which may delay its entry into the market and increase its costs.