By Chris Wack
Atlis Motor Vehicles Inc. shares were up 9% to $1 after the company said it successfully demonstrated the ability to charge more than one megawatt.
The company said this is a significant milestone and marks a critical step toward realizing its vision of establishing a 1.5MW charging network.
Atlis shares closed Tuesday 13% lower, and are down 90% in the past three months.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 22, 2023 11:30 ET (16:30 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments