Nxu Expands Arizona Presence with Acquisition of HQ Facility
05 Julho 2023 - 7:30AM
Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a US-operated
technology company manufacturing innovative battery cells and
battery packs for use in advanced energy storage systems, megawatt
charging stations, and mobility solutions, today announced it has
secured a second location (“Headquarters”) in the Phoenix
metropolitan area, allowing it to more than double its
manufacturing capability in its original building. The
approximately 21,000 square foot facility located in Tempe, AZ will
house Nxu’s corporate headquarters, allowing the company to expand
its manufacturing capabilities at the original Mesa facility. With
the addition of its new headquarters, Nxu’s total footprint
increases to approximately 63,000 square feet, with nearly
two-thirds dedicated to manufacturing under one roof in Mesa.
Nxu’s CEO and Founder Mark Hanchett, commented,
“Expanding our manufacturing capacity provides the Company with
greater capabilities and efficiencies to meet the growing demand
for our battery and energy storage solutions. As announced in
April, we are on track to ship our first battery packs to a
customer in the second half of this year. The increase in our
footprint here in Arizona supports our commitment to proudly
develop and manufacture game-changing technology products right
here in the U.S.A.”
The new office facility is located at 63 S.
Rockford Drive, Tempe, Ariz. and will house up to 155 employees
across multiple teams. Currently, Nxu has several positions open in
both Tempe and Mesa across corporate, engineering, and
manufacturing functions. Employee benefits include health, vision,
and dental insurance, 401(k), paid parental leave, flexible paid
time off, leadership training, and the opportunity to work on
leading edge products. More information can be found by following
this link: https://nxuenergy.com/careers.
About Nxu, Inc. Nxu, Inc. is a vertically
integrated technology company leveraging its intellectual property
and U.S.-manufactured battery innovations to support
e-Mobility and energy storage solutions. Driving the energy
future, Nxu is developing an ecosystem of industry leading battery
cell and pack technologies, grid level energy storage
solutions, charging infrastructure, platform and medium-duty
electric mobility solutions, and over-air cloud management –
encompassed by Nxu’s seamless subscription-based models. For
more information, visit www.nxuenergy.com.
Forward-Looking Statements This press
release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including,
but not limited to, statements regarding our future areas of focus
and expectations for our business. These forward-looking statements
are based on our current assumptions, expectations and beliefs and
involve substantial risks and uncertainties that may cause results,
performance or achievement to materially differ from those
expressed or implied by these forward-looking statements. Such
forward-looking statements include statements regarding, among
other things, Nxu’s expectations about its long term growth
strategy, future growth trajectory, revenue and operations; Nxu’s
technology and alignment with broader trends in the EV market;
opportunities presented by electrification; beliefs about the
general strength, weakness or health of Nxu’s business; and beliefs
about current or future trends in EV battery materials or other
markets and the impact of these trends on Nxu’s business. A
detailed discussion of these factors and other risks that affect
our business is included in filings we make with the Securities and
Exchange Commission (SEC) from time to time, including our most
recent report on Form 10-K, particularly under the heading “Risk
Factors.” Copies of these filings are available online from
the SEC or on the SEC Filings section of our Investor Relations
website at www.nxuenergy.com. All forward-looking statements in
this press release are based on information currently available to
us, and we assume no obligation to update these forward-looking
statements in light of new information or future events.
CONTACT: Mary Trout Nxu,
Inc. info@nxuenergy.com
Laura Guerrant-Oiye Financial Profiles,
Inc. nxu@finprofiles.com (310) 622-8250
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