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Rept Battero Energy Company Ltd Class H ( (HK:0666) ) has issued an update.
REPT BATTERO Energy Co., Ltd. has entered into a strategic cooperation agreement with Shanghai VERTAXI Aviation Technology Co., Ltd. to jointly develop aircraft components and collaborate on energy solutions for eVTOL aircrafts. This partnership leverages REPT BATTERO’s expertise in advanced battery technology and VERTAXI’s capabilities in eVTOL configuration to accelerate the commercialization of low-altitude aircrafts. The agreement highlights the industry’s recognition of REPT BATTERO’s technical strengths and market positioning in the new energy sector, potentially boosting the company’s influence and operations in the low-altitude aircraft market.
More about Rept Battero Energy Company Ltd Class H
REPT BATTERO Energy Co., Ltd. is primarily engaged in the design, research and development, production, and sales of EV and ESS lithium-ion batteries, focusing on electrification and intelligence to drive innovation in market applications. The company provides advanced solutions and services for global new energy vehicle power and smart electrical energy storage.
YTD Price Performance: -10.82%
Average Trading Volume: 1,365,251
Technical Sentiment Signal: Buy
Current Market Cap: HK$22.91B
For an in-depth examination of 0666 stock, go to TipRanks’ Stock Analysis page.