Hexagon Purus Amends Battery Cell Supply Agreement and Removes Pre-Payment Obligation
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Hexagon Purus ASA's subsidiary, Hexagon Purus Systems USA LLC, amended its lithium-ion battery cell supply agreement, removing a USD 12.9 million pre-payment obligation. The amendment ensures continued battery cell supply and specifies that Inflation Reduction Act incentives will benefit the supplier. This news was generated by Public Technologies using AI and is for informational purposes only.
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