Hexagon Purus Systems secures $800M battery pack contract

Hexagon Purus Systems has secured a US$800 million contract with an undisclosed international truck manufacturer for battery packs, with potential extension to US$1.2 billion. The Kelowna factory is under construction and will start production in early 2023.

“These are the biggest automotive contracts in Western Canada.”kelownanow.com

• 2 sources
• kelownanow.com$2.4B in contracts for Kelowna truck battery-pack company – KelownaNowSteve MacNaullMar 1, 2022
• kelownanow.com$2.4B in contracts for Kelowna truck battery-pack company – KelownaNowSteve MacNaullMar 1, 2022

Summarized from public sources; check the original articles before acting on it.