Highway Holdings says it is expanding into the energy storage market and building a platform to shift toward a product-focused business model. The company also plans to extend its OEM business while increasing factory utilization. The release is strategy-focused with no disclosed financial figures or guidance changes, implying limited near-term market impact.
Highway Holdings says it is expanding into the energy storage market and building a platform to shift toward a product-focused business model. The company also plans to extend its OEM business while increasing factory utilization. The release is strategy-focused with no disclosed financial figures or guidance changes, implying limited near-term market impact.
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