Amprius Receives Two Contracts To Supply 40 ah High-Performance Cells For Light Electric Vehicle Applications; Contracts' Total Exceeds $20M
Portfolio Pulse from Benzinga Newsdesk
Amprius Technologies has secured two contracts worth over $20 million to supply 40 Ah high-performance cells for light electric vehicle applications. This development highlights Amprius' growing presence in the electric vehicle market.
September 23, 2024 | 12:31 pm
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Amprius Technologies has received contracts exceeding $20 million to supply high-performance cells for light electric vehicles, indicating a significant boost in their market presence and potential revenue growth.
The contracts worth over $20 million for supplying high-performance cells to the light electric vehicle market suggest a positive impact on Amprius' revenue and market position. This could lead to a short-term increase in stock price as investors react to the potential for growth and increased market share.
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