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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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