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The latest announcement is out from Hybrid Power Solutions, Inc. ( (TSE:HPSS) ).
Hybrid Power Solutions has entered a distribution agreement with Meyer Distributing, a major North American wholesale distributor of automotive specialty products, to bring its portable, fuel-free power systems to vehicle upfitters and specialty automotive users. Meyer has placed initial stocking orders for Batt Pack Energy and Batt Pack Pro units and will leverage its nationwide warehouse network, fast delivery capabilities, and Meyer Online B2B platform to provide rapid access, marketing support, and broader visibility for Hybrid’s clean power solutions across work trucks, contractor vehicles, RVs, towing, and off-road segments.
The partnership is expected to significantly expand Hybrid’s reach into the vehicle upfitting and specialty automotive markets by tapping into Meyer’s thousands-strong customer base of upfitters, dealers, and aftermarket retailers. By integrating Hybrid’s products into Meyer’s extensive catalog and promotional channels, the agreement strengthens Hybrid’s market positioning in mobile clean energy solutions and could accelerate adoption of emissions-free power systems among professional and recreational vehicle operators across North America.
More about Hybrid Power Solutions, Inc.
Hybrid Power Solutions Inc. is a Canadian clean energy innovator that develops portable, fuel-free power systems for off-grid and remote applications. Listed on the Canadian Securities Exchange under the symbol HPSS, the company targets markets requiring dependable, emissions-free power, positioning itself as a player in the broader clean energy transition.
Average Trading Volume: 234,155
Technical Sentiment Signal: Sell
Learn more about HPSS stock on TipRanks’ Stock Analysis page.