Heramba Electric's Kiepe Electric Signs $26M e-Mobility Contract With Seattle, Washington Area For Enhanced In Motion Charging On Its Electric Trolley Buses
Portfolio Pulse from Benzinga Newsdesk
Heramba Electric's subsidiary, Kiepe Electric, has secured a $26 million contract with King County Metro in Seattle for battery upgrades on electric trolley buses. This adds to $75 million in North American orders for the year, including a recent contract with the Chicago Transit Authority.
August 27, 2024 | 1:05 pm
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Heramba Electric's subsidiary, Kiepe Electric, has been awarded a $26 million contract for battery upgrades on Seattle's electric trolley buses. This contract is part of $75 million in North American orders this year, indicating strong business growth.
The $26 million contract with King County Metro is a significant addition to Heramba Electric's North American orders, totaling $75 million for the year. This indicates strong demand for their e-mobility solutions, likely boosting investor confidence and positively impacting the stock price.
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