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14 Dec
16:52

Nxu signs LOI for Lynx Motors investment

Arizona-based battery manufacturing firm Nxu has signed a letter of intent (LOI) Wednesday outlining a strategic investment in Lynx Motors. Lynx is an early-stage automotive company that reimagines classic vehicles “with a vision toward modernisation and electrification,” according to Nxu’s announcement. The company has previously seen success in converting premium-branded SUVs into high-powered vehicles and will now focus those efforts on electr…
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