Tantech Wins Order To Export 10 Customized Midibuses To Ecuador

by Shivani Kumaresan, Benzinga Staff Writer

December 16, 2021 12:19 PM | 1 min read | Make a Comment

Tantech Holdings Ltd TANH subsidiary, Shangchi Automobile Co Ltd, has won a new order for 10 of its customizable midibuses. The financial terms of the order were not disclosed.
The vehicles will be exported to a customer in Ecuador, with primary use at a local school.
Shangchi Automobile's diesel light midibuses feature a manual 5-speed transmission with seating for 18 passengers.
"The fact that our midibuses will be used primarily at a local school underscores the safety and reliability of our vehicles," said CEO Wangfeng Yan.
Price Action: TANH shares are trading lower by 2.01% at $0.48 on the last check Thursday.

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