Reports Q3 revenue $117,000 vs. $0 last year. “We successfully launched our Nxu One Megawatt+ Charging System in the third quarter, delivering the superior, powerful EV charging experience customers want and need. This was a pivotal quarter for us, transitioning from a development company to a revenue-generating company offering innovative products in pursuit of an electrified future. We’re immensely proud to report revenue this quarter for the first time in the Company’s history – a goal we’ve worked hard to achieve, despite numerous challenges,” said Nxu Founder, Chairman and CEO Mark Hanchett. “As we grow our reach, extend our network of charging stations, continuously innovate our technology, and invest in our teams, we look forward to exceeding the expectations of our customers with a consistent, reliable, and convenient experience, while staying focused on cost efficiency and optimizing capital.”
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