SPI Energy: Soars on launch of electric vehicle subsidiary

SPI Energy Co

23/09/2020 14:02

** Shares of photovoltaic solutions provider  SPI.O  nearly
triple to $3.05 premarket - set to open at a 11 month-high  
    ** Co launches wholly-owned subsidiary, EdisonFuture Inc to
design and develop electric vehicles and EV charging solutions
    ** EdisonFuture will be based at Silicon Valley in Santa
Clara, California and would complement SPI's current offerings,
including solar and battery storage technologies - SPI  urn:newsml:reuters.com:*:nACSgL6zya
    ** Stock best performer across U.S. exchanges premarket
    ** Up to Tuesday's close, stock fell ~44% YTD

 (Reporting by Abhishek Manikandan in Bengaluru)
 ((Abhishek.Manikandan@thomsonreuters.com))