MESA, Ariz. - Nxu, Inc. (NASDAQ: NXU), a technology firm specializing in electric vehicle (EV) charging and energy storage solutions, has announced a memorandum of understanding (MOU) with Lynx Motors. Under the agreement, Lynx Motors will purchase three years of unlimited Nxu EV charging for customers of its classic electric vehicles.
This strategic partnership, which builds on the companies' collaboration initiated in 2023, aims to provide Lynx classic car owners with access to the NxuOne™ charging network. Nxu Founder, Chairman, and CEO Mark Hanchett expressed confidence that this partnership will accelerate the deployment of their EV charging solutions and fulfill consumer needs for accessible charging options.
Lynx Motors, known for modernizing and electrifying classic vehicles while maintaining their original character, will enable its customers to enjoy these vehicles with the added convenience of unlimited charging. This offering is part of Nxu's vision to make electric mobility viable through abundant and accessible energy.
Nxu, Inc. is advancing the energy sector with its grid-level energy storage solutions, charging infrastructure, and over-air cloud management, all available through subscription-based models. Lynx Motors, on the other hand, is committed to the rejuvenation of timeless classics by merging tradition with innovation and maintaining OEM-level quality standards.
The finalized definitive agreements between Nxu and Lynx Motors will mark a significant step forward in providing seamless EV charging solutions to classic car enthusiasts. This collaboration is based on a shared vision of enhancing the electric mobility experience and supporting the transition to a more electrified future.
The information for this report is based on a press release statement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.