- Pioneer Power Solutions, Inc. PPSI has received a second purchase order, valued at $120 thousand, for its E- Boost skid-mounted mobile EV charging solution.
- The order was received from a turn-key commercial EV charging infrastructure solutions provider and a Pioneer authorized channel partner.
- The sale is for two new E- Boost skid-mounted solutions to recharge electric school buses.
- In January, Pioneer received a $788 thousand purchase order for its E- Boost mobile EV charging solution. The order was shipped in mid-March, and Pioneer expects to recognize related revenue in 1Q21.
- Price Action: PPSI shares are trading lower by 2.49% at $5.88 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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