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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Lightning eMotors Inc | NYSE:ZEV | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.63 | 0 | 01:00:00 |
From May 2021 to May 2024
By Chris Wack
Lightning eMotors Inc. shares were up 16% to $5.03 in heavy trade after the company said it would partner with General Motors Co. to provide the auto maker fully electric Class 3 through Class 6 commercial vehicles.
The stock, which has traded 20 million shares as of 1:05 p.m. ET, hit its 52-week low of $3.98 on Friday.
Under the agreement, the specialty vehicle manufacturer will electrify medium duty truck platforms provided by GM, which can be used for a variety of vehicle applications, including school buses, shuttle buses, delivery trucks and work trucks.
General Motors Fleet provides platforms designed for qualified specialty vehicle manufacturing customers to upfit vehicles across a broad range of industries and applications.
Lightning eMotors will electrify certain GM platforms at its manufacturing campus in Loveland, Colo. Completed chassis will be shipped to commercial vehicle manufacturers, it said.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 03, 2022 13:31 ET (18:31 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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