By Chris Wack
Atlis Motor Vehicles Inc. shares were up 9% to $1 after the company said it successfully demonstrated the ability to charge more than one megawatt.
The company said this is a significant milestone and marks a critical step toward realizing its vision of establishing a 1.5MW charging network.
Atlis shares closed Tuesday 13% lower, and are down 90% in the past three months.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 22, 2023 11:30 ET (16:30 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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