Magnis Energy Technologies Signs deal with Omega Seiki
- Magnis Energy Technologies (MNS) partner Charge CCCV signs an agreement with electric vehicle manufacturer Omega Seiki
- Charge, Magnis and Boston Energy and Innovation all have stakes in the iM3NY Lithium-ion Battery Plant in New York
- The five-year deal beginning will see Charge supply its lithium-ion batteries to the three-wheel producer with initial fulfilment coming from the iM3NY plant
- All up, MNS says the volumes will exceed 1.1GWh over the period of the contract with a dollar value of over US$160 Million
- MNS also advises there may be a delay in its planned OTC Markets listing in the US due to a backlog of applications
