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Benzinga
Benzinga
Business
Shivani Kumaresan

Dragonfly Energy Inks Battery Supply Agreement with Thor Industries' Keystone RV

Keystone (Organization) THO Nevada NYSE Thor Industries Inc
  • Nevada-based Lithium-ion battery technology company Dragonfly Energy Corp. has entered into an exclusive agreement with Keystone RV Company, a subsidiary of Thor Industries Inc (NYSE:THO). The financial terms were not disclosed.
  • Under the agreement, Dragonfly Energy Lithium-ion batteries will be standard or optional OEM equipment on all Keystone RV travel trailers and fifth wheels.
  • In addition, Keystone RV dealers will be exclusive aftermarket dealers for Dragonfly Energy batteries through Keystone's SolarFlex packages and as stand-alone products.
  • The agreement will make Dragonfly Energy's brand of technology and renewable energy storage available to the public for the first time.
  • Price Action: THO shares closed higher by 3.43% at $100.02 on Wednesday.
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