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Stock impact report

Nxu to Provide EV Charging for Lynx Motors Customers

Nxu, Inc. - Class A (NXU) 
Company Research Source: GlobeNewswire
MESA, Ariz., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has signed a memorandum of understanding (MOU) with Lynx Motors to negotiate and execute an agreement to create a partnership whereby Lynx will purchase three years of unlimited Nxu EV charging for its Lynx classic vehicle customers. Lynx is reimagining classic vehicles with a vision toward modernization and electrification, allowing owners to enjoy the original character and design of a classic car with modern amenities and powertrains. The definitive agreements, once finalized, would allow Lynx to provide its customers with unlimited access to the NxuOne™ charging network, allowing them to focus more on enjoying their vehicles and less about how to charge them. “Lynx Motors is a strategic partner we are confident will hasten the devel Show less Read more
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