Zapp EV shares are trading higher after the company said it expects first customer deliveries of the i300 in Q4 and anticipates selling over 5,000 units in the fiscal year ending September 30, 2025.
Portfolio Pulse from Benzinga Newsdesk
Zapp EV shares are trading higher following the company's announcement that it expects first customer deliveries of the i300 in Q4 and anticipates selling over 5,000 units by the fiscal year ending September 30, 2025.
June 20, 2024 | 12:37 pm
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Zapp EV shares are trading higher after the company announced it expects first customer deliveries of the i300 in Q4 and aims to sell over 5,000 units by FY 2025.
The announcement of first customer deliveries and a sales target of over 5,000 units by FY 2025 is a positive indicator for Zapp EV's future revenue and market presence, leading to a short-term increase in stock price.
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