
Loop Energy Signs Supply Agreement With Tevva Motors With Commitments in Excess of US$12 Million Thru 2023
July 5, 2022 | 4 min read July 5, 2022 | 4 min readVANCOUVER, British Columbia & LONDON — Loop EnergyTM (TSX: LPEN) has signed a multi-year fuel cell supply agreement with Tevva Motors Ltd (Tevva), which includes delivery commitments in excess of US$12 million thru 2023. As a result of the agreement, which extends through to 2024, Tevva becomes the first customer to move into the Full Production Phase of Loop Energy’s Customer Adoption Cycle. Details to join the analyst conference call on July 5 are at the end of release.