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home / news releases / GIK - SPAC target Lightning eMotors unveils new electric van


GIK - SPAC target Lightning eMotors unveils new electric van

Lightning eMotors (ZEV) announces the debut of a new model of its popular Class 3 Lightning Electric Transit Van.Details: The new, longer-range Lightning Electric Transit Van is the fourth generation of its battery-electric and fuel cell electric platform, based on the Ford Transit 350HD chassis. The Gen 4 powertrain, with new battery technology and up to 105 kWh of battery capacity, has up to 40% more range than the Gen 3’s 120-mile range as a battery-only vehicle, with fuel cell configurations extending the range to 250 miles and new pricing that provides a compelling total cost of ownership versus a gasoline van. "Used extensively by commercial and government fleets, Class 3 vehicles, such as passenger vans, cargo vans and ambulances, are ripe for electrification," says Lightning eMotors CEO Tim Reeser. Lightning eMotors' products are said to be complementary to Ford's announced 2022 E-Transit, which will be a battery-electric Class 2 cargo/cab/chassis van

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SPAC target Lightning eMotors unveils new electric van
Stock Information

Company Name: GigCapital3 Inc.
Stock Symbol: GIK
Market: NYSE

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