✅FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “SPI Energy Ltd. Commences Production of Third Generation Drivetrain Products”
“The Buzz” Show: SPI Energy Ltd. to Build Third Generation Drivetrain Products
SPI Energy Ltd. (NASDAQ: SPI) surged over 28% in premarket trading after its California based subsidiary, Phoenix Motorcars, started series production of its first third-generation drivetrain products
The third-generation boasts the largest battery pack and longest range currently available in class 4 vehicles, lending itself to an extended range of body types to serve the widest range of customers and the first three units were recently completed out of the Ontario facility, and are ready for delivery to customers.
SPI Energy Co., Ltd. (SPI) is a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers and investors, The Company provides a full spectrum of EPC services to third party project developers, as well as develops, owns and operates solar projects that sell electricity to the grid in multiple countries, including the U.S., the U.K., Greece, Japan and Italy. The Company has its US headquarters in Santa Clara, California and maintains global operations in Asia, Europe, North America and Australia. SPI is also targeting strategic investment opportunities in green industries such as battery storage and charging stations, leveraging the Company’s expertise and growing base of cash flow from solar projects and funding development of projects in agriculture and other markets with significant growth potential.
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