Nanoxplore Inc (NNXPF)

[barnyarddog]

MONTREAL, Aug. 31, 2023 (GLOBE NEWSWIRE) -- NanoXplore Inc. (“NanoXplore” or the “Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company and its wholly owned subsidiary, VoltaXplore Inc. (“VoltaXplore”), a silicon-graphene-enhanced Li-ion battery manufacturer for the Electric Vehicle and grid storage markets, are pleased to announce that VoltaXplore has agreed on commercial terms for the supply of Li-ion battery cells with a well-known commercial vehicle OEM. Battery cells will be produced in VoltaXplore’s gigafactory starting from 2026. The agreement is for 1 GWh per year for a duration of 10 years following a pricing formula that passes through raw material cost to the customer.
https://www.otcmarkets.com/stock/NNXPF/news/NanoXplore-and-VoltaXplore-announce-an-agreement-with-a-well-known-heavy-commercial-vehicle-OEM-for-supply-of-Li-ion-bat?id=412575