Nxu to Provide EV Charging for Lynx Motors Customers
MESA, Ariz., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has signed a memorandum of understanding (MOU) with Lynx Motors to negotiate and execute an agreement to create a partnership whereby Lynx will purchase three years of unlimited Nxu EV charging for its Lynx classic vehicle customers. Lynx is reimagining classic vehicles with a vision toward modernization and electrification, allowing owners to enjoy the original character and design of a classic car with modern amenities and powertrains. The definitive agreements, once finalized, would allow Lynx to provide its customers with unlimited access to the NxuOne™ charging network, allowing them to focus more on enjoying their vehicles and less about how to charge them.
“Lynx Motors is a strategic partner we are confident will hasten the development and deployment of our EV charging solutions,” said Nxu Founder, Chairman and CEO Mark Hanchett. “As they grow their EV customer base, we learn more and more about the consumer needs and non-negotiables when it comes to charging. Providing those customers with unlimited charging demonstrates our vision in real time; that energy should be abundant, accessible and infinite, to make electric mobility viable.”
Nxu and Lynx entered into a strategic partnership in 2023 and in that role, Nxu is assisting Lynx in leveraging Nxu’s vehicle and charging technology to more quickly scale its development of electrified products.
Nxu, Inc. is a domestic technology company leveraging its intellectual property and innovations to support e-Mobility and energy storage solutions. Driving the energy future, Nxu is developing an ecosystem of industry-leading grid level energy storage solutions, charging infrastructure and over-air cloud management – encompassed by Nxu’s seamless subscription-based models. For more information, visit www.nxuenergy.com.
About Lynx Motors
Lynx Motors is an automotive company dedicated to the rejuvenation of timeless classics by blending tradition and innovation, with OEM-level quality standards. By redefining the driving experience for enthusiasts who seek the perfect fusion of classic design and cutting-edge technology, Lynx offers the best of both worlds. For more information, visit www.lynx.car.