SPI Gain Exclusive Rights to Sell EV Trucks In North America

SPI Energy Co. Ltd. engages in the provision of photovoltaic (PV) solutions for commercial, residential, government and utility customers and investors. SPI (A subsidiary of EdisonFuture) just completed an agreement with Shaanxi Tongjia Automobile Co. Ltd. to develop, produce and sell a new generation of smart electric pickup trucks and electric logistics vehicles. Under the agreement, Tongjia will supply the parts and EdisonFuture will complete the assembly of the vehicles, including the addition of software. EdisonFuture will also be the exclusive North American distributor of the electric delivery box trucks and pickup trucks that Tongjia currently produces.

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SPI Gain Exclusive Rights to Sell EV Trucks In North America

Oct 15, 2020

bullish

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[< 1 min Read]

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Photo by: Victor Serban

SPI Energy Co. Ltd. engages in the provision of photovoltaic (PV) solutions for commercial, residential, government and utility customers and investors. SPI (A subsidiary of EdisonFuture) just completed an agreement with Shaanxi Tongjia Automobile Co. Ltd. to develop, produce and sell a new generation of smart electric pickup trucks and electric logistics vehicles. Under the agreement, Tongjia will supply the parts and EdisonFuture will complete the assembly of the vehicles, including the addition of software. EdisonFuture will also be the exclusive North American distributor of the electric delivery box trucks and pickup trucks that Tongjia currently produces.
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SPI

SPI Energy Co., Ltd.

1.74

-0.13
-6.72%

Return

-75.84%
Change % Since Posting
-5.44
Change Since Posting
7.18
Price When Posted

Metrics

14.36
Target Price
7/ 10
Confidence
< 1 Week
Timeframe
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Earnings Per Share
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Financials
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Management
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