Lightning EMotors, Ricardo Partner To Provide Commercial EVs To UK Customers


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


  • Ricardo and Lightning EMotors Inc (NYSE:ZEV) have entered into a strategic partnership agreement to deploy vehicles in the U.K.
  • Under the agreement Lightning EMotors will build fully electric powertrains at their 231,000 square foot facility in Loveland, Colorado, for shipment to the U.K. 
  • Ricardo will assemble and integrate those powertrains into medium-duty commercial fleet vehicles at one of its manufacturing facilities in the U.K.
  • "The UK market is especially well-suited for commercial vehicle electrification because the return on investment for fleets is so fast," said Tim Reeser, CEO of Lightning EMotors.
  • BP PLC's (NYSE:BP) bp Ventures, Lightning's largest investor, will provide fleet management expertise through bp Pulse, an electric vehicle charging company in the U.K.
  • Price Action: ZEV shares are trading higher by 1.32% at $8.44 on the last check Tuesday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: NewsContractsSmall CapBriefsElectric Vehicle