Brief: Nxu Announces Strategic Focus On Ev Charging Infrastructure
17/08/2023 22:36
NXU Inc. NXU.O :
* NXU ANNOUNCES STRATEGIC FOCUS ON EV CHARGING
INFRASTRUCTURE
* NXU-UNDERTAKING COST-SAVING MEASURES TO DECREASE OPERATING
EXPENSES THROUGH CONSOLIDATION OF VENDORS, PRODUCT PROGRAMS THAT
DO NOT SUPPORT CORE FOCUS
* NXU INC. - ADDITIONAL COST-SAVING MEASURES MUST BE MADE
THROUGH
A FURLOUGH
* NXU INC. - NEAR-TERM, REVENUE GENERATION FROM PROPRIETARY
EV
CHARGING TECHNOLOGY IS PRIORITY
Source text for Eikon: ID:nGNX8L5fP0
Further company coverage: NXU.O
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