Lightning eMotors Announces Production Launch Of Next-Gen Lightning ZEV4 Work Trucks
Portfolio Pulse from Benzinga Newsdesk
Lightning eMotors (NYSE:ZEV) announced the production launch of its next-generation GM-based Lightning ZEV4 work trucks, offering multiple vehicle types for various applications. The company has accelerated ZEV4 production to meet customer demands for Class 4 school buses and shuttle buses. The Lightning ZEV4 model comes with 120 kWh batteries, 241 horsepower, 790 lb-ft of torque, and up to 130 miles of range. State and federal funding programs in the US and Canada are available to help offset the cost of fleet vehicle electrification.
June 15, 2023 | 12:12 pm
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Lightning eMotors announced the production launch of its next-gen Lightning ZEV4 work trucks, meeting customer demands and benefiting from state and federal funding programs.
The launch of the next-gen Lightning ZEV4 work trucks will likely have a positive short-term impact on Lightning eMotors' stock price. The company is meeting customer demands for various vehicle types and is benefiting from state and federal funding programs that help offset the cost of fleet vehicle electrification. This positions Lightning eMotors well in the growing medium-duty commercial vehicle market.
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