Business
Tantech Exports Midibus to Dominica
LISHUI, China, May 16, 2023 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that its subsidiary, Shangchi
About this update from Tantech Holdings Ltd.
[{"type":"text","content":"LISHUI, China, May 16, 2023 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) (\"Tantech\" or the \"Company\") today announced that its subsidiary, Shangchi Automobile Co., Ltd., has recently signed a new contract to export electric midibus to Dominica.\nMeasuring 6 meters long and close to 2 meters wide, the midibus has 17 air-conditioned PVC seats and a wide-body design that provides ample space, allowing passengers to have a comfortable and enjoyable ride. In addition, this midibus is quieter than its internal combustion engine counterpart, an attribute that provides a more peaceful and restful ambience, making it easier for conversations and relaxation during the journey. In the meantime, this electric vehicle produces zero emissions while driving, contributing to a cleaner and healthier environment.\nThis order is one of many of the Company's export orders within recent months, reflecting Tantech's reputation in overseas markets, and also shows consumers' trust in the Company's products. Expanding into overseas markets such as Dominica not only drives the Company's growth but also contributes to its global transition towards sustainable transportation, aligning with the Company's vision of creating a cleaner and greener future.\nMr. Wangfeng Yan, CEO of Tantech, commented, \"This order represents a milestone for our company as we continue to lead the way in the rapidly growing electric vehicle market. It demonstrates the trust and confidence that our partners have placed in our products, technology, and expertise. It opens up more opportunities for our company, let us continue to push the boundaries of innovation, while ensuring our electric vehicles exceed customer expectations and continue to set new industry standards. Together, we will deliver excellence, establish lasting partnerships, and make a positive impact on the world.\"\nAbout Tantech Holdings Ltd\nFor the last two decades, Tantech has been a leading high-tech enterprise pioneering and specializing in the manufacture, research and development of products based on bamboo charcoals with a well-established domestic and international sales and distribution network. Tantech expanded into the clean vehicle industry in 2017 through acquiring 70% share of Shangchi Automobile. In November 2020, Tantech established two additional subsidiaries, Lishui Smart New Energy A...