Amprius Technologies announced it has received two contracts to supply 40 Ah high-performance cells for Light Electric Vehicle LEV applications. The contracts total exceeds $20M and highlights Amprius’ ability to quickly move customers through the commercial validation process, secure volume purchase commitments, and deliver large quantities of cells to customers. Amprius expects to begin shipping the cells in 2024 and recognize 100% of the revenue by mid-2025.
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