SPI Energy rises on electric-vehicle JV with Shaanxi Tongjia Auto

SPI Energy Co

15/10/2020 16:13

** Global renewable energy co's shares  SPI.O  up 33.70% at
$9.6
    ** Co says its wholly-owned subsidiary, EdisonFuture Inc,
signed a deal with China-based Shaanxi Tongjia Automobile Co  urn:newsml:reuters.com:*:nACStHJzYa
    ** Cos to jointly work on customized design, development,
production and sales of new-gen smart electric pickup trucks and
electric logistics vehicles
    ** EdisonFuture will also be the only N. American
distributor of all EVs currently produced by Tongjia - SPI
    ** Stock up more than 5x YTD

 (Reporting by Madhvi Pokhriyal in Bengaluru)
 ((Madhvi.pokhriyal@thomsonreuters.com))