Atlis Motor Vehicles Demonstrates Over One Megawatt Charging Capability

Dow Jones2023-02-23

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)

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