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 …