- Vicinity Motor Corp (NASDAQ:VEV) has entered a supply agreement with Electrovaya Inc (OTC:EFLVF) to provide battery systems for its line of Vicinity Lightning EV buses and fully electric VMC 1200 Class 3 trucks. The financial terms of the deal were not disclosed.
- Electrovaya develops and manufactures Lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications.
- The agreement provides Vicinity with Lithium-ion battery systems that use the latest Electrovaya NMC ceramic lithium-ion battery technologies and support full integration in its vehicles.
- Price Action: VEV shares are trading lower by 3.30% at $5.57 on the last check Wednesday.
Pacific Biosciences Q2 EPS $(0.21) Misses $(0.20) Estimate, Sales $30.60M Beat $29.89M Estimate
Pacific Biosciences (NASDAQ:PACB) reported quarterly losses of $(0.21) per share which missed the analyst consensus estimate of $(0.20) by 5 percent. This is a 40 percent decrease over losses of $(0.15) per share from
