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NEO Battery Materials Announces $392,000 Order From Fortune 500 Automaker
NEO said the order is one of its largest to date as UN 38.3 certification clears its 11.5Ah cell for international shipping.
Summary by Auto Service World
3 Articles
3 Articles
NEO Battery Secures Purchase Order From Automotive OEM And Receives UN Certification
TORONTO — NEO Battery Materials Ltd. announced that it has secured a purchase order agreement valued at approximately $392,000 CAD ($280,000 USD) from its existing North American Fortune 500 automotive OEM customer. Per a Sept. 17 press release, the purchase order follows validation of NEO’s battery manufacturing, operational efficiency, and cost competitiveness through past and existing projects undertaken with the customer. Under its foundry m…
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