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Zero Nox

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Namestring
Zero Nox
Legal namestring
Zero Nox Inc.
Websiteurl
zeronox.com
Company typeenum
Private
Founded yearint
2017
Descriptiontext

Zero Nox (operating as Zeronox) is a privately held commercial-vehicle electrification company founded in 2017 in Porterville, California, by Robert Cruess and Vonn Christenson. The company designs and manufactures the proprietary Zeronox Electric Powertrain Platform (ZEPP), a modular electric powertrain system that integrates a lithium-iron battery pack, battery management system, liquid-cooled permanent magnet motor, onboard charger, programmable power electronics controller, and telematics into a kit intended to replace internal combustion engines in commercial and industrial vehicles without performance compromise. ZEPP underpins the company's core solutions: OEM Electrification, Fleet Conversions, Zeronox Telematics, Forklift Battery Upgrades, and Renewable Microgrids.

The company's revenue model combines hardware sales of powertrain kits and lithium-iron battery systems with professional services for OEM co-design, integration engineering, training, and post-sales support. It operates three go-to-market motions in parallel: OEM embedded partnerships (Kubota, LS Tractor, Tuatara UTV), enterprise field sales for large fleet conversions (Jospong Group, $140M refuse-truck contract), and sales-led distribution through a dealer portal and the PEAK Handling forklift distributorship. Pricing is quote-based and not publicly disclosed.

Zero Nox operates a 42,000-square-foot California facility and is reported at 11-50 employees. It has raised Series A and Series B funding and conducted a 2024 Reg CF offering of up to $5M. Customers and partners span waste management (Jospong Group, Ghana), agricultural OEMs (Kubota, LS Tractor), airport ground support (LAX Tom Bradley Terminal), cold storage (Frontier Cooling), material handling (PEAK), and off-road/UTV (Tuatara). Patent-pending technologies include the Vortex Infusion Chamber and Iron Vault Energy Storage System.

Short descriptiontext

Zero Nox (Zeronox) designs and manufactures the proprietary ZEPP modular electric powertrain platform for commercial and industrial vehicles. The Porterville, California-based company serves OEMs and fleet operators globally with battery systems, telematics, and engineering services.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersPorterville, United States
HQ citystring
Porterville
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
electric powertrain platform, commercial vehicle electrification, lithium-iron battery systems, fleet conversion solutions, OEM electrification kits
Industry3 codes
1Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells)
CodeIMACABAKPrimaryYes
2Aftermarket Battery, Charging & Power Accessories Manufacturing (12V Batteries/Jump Starters/Chargers/Inverters)
CodeIMACANALPrimaryNo
3Light Electric Vehicles (NEVs/LSEVs/Quadricycles) Manufacturing
CodeIMACAOACPrimaryNo
NAICS code3 codes
  • Motor Vehicle Transmission and Power Train Parts Manufacturing33635
  • Engine, Turbine, and Power Transmission Equipment Manufacturing3336
  • Mechanical Power Transmission Equipment Manufacturing333613
SIC code2 codes
  • Motors & Generators3621
  • Electronic & Other Electrical Equipment (No Computer Equip)3600
Product category
Commercial Vehicle Electrification
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model3 records
1Electric Powertrain Platform (ZEPP) Sales
TypeHardware Sales
Description

Sale of complete electric powertrain platform kits and components to OEMs and fleet operators. Custom-designed kits for specific applications including battery systems, motors, controllers, and charging equipment. Revenue from both product sales and associated engineering/integration services.

zeronox.com
2Battery Technology Sales
TypeHardware Sales
Description

Sale of lithium-iron phosphate battery systems for forklift and material handling equipment upgrades. Rapid opportunity charging, no maintenance, lower operating cost proposition.

zeronox.com
3OEM Electrification Services
TypeProfessional Services
Description

Engineering services including team of engineers for electrification, design of unique electric powertrain platform kits, training and support, execution support for bringing electric vehicles to market, and post-sales service and support.

zeronox.com
Marketing channels9 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Operations, Infrastructure
Pricing details1 tier
1Reg CF Securities Offering
ModelOtherBilling cadenceMulti-year contract
Notes

Reg CF securities offering to raise up to $5 million with deadline of April 27, 2024.

republic.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 4 records shown
1ZEPP
Description

Zeronox Electric Powertrain Platform - the company's proprietary electric powertrain technology for commercial and industrial vehicles

zeronox.com
+3 more records
Core offering1 text field

Zero Nox designs, manufactures, and integrates the Zeronox Electric Powertrain Platform (ZEPP), a modular electric powertrain system used to replace internal combustion engines in commercial and industrial vehicles. The company sells complete powertrain kits, lithium-iron battery systems, telematics software, and engineering services to OEMs and fleet operators seeking to electrify refuse trucks, forklifts, agricultural equipment, UTVs, and other off-highway vehicles.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • 4x longer battery lifespan compared to industry standard lead-acid batteries
+5 more records
Product overview1 text field

Zero Nox (Zeronox) offers a platform-plus-modules architecture centered on the proprietary Zeronox Electric Powertrain Platform (ZEPP). ZEPP is the core technology that powers all solutions, including OEM Electrification (collaborative design with OEMs), Fleet Conversions (gas-to-electric conversion kits), and Forklift Battery Upgrades (lithium-iron technology). The company also provides Zeronox Telematics for real-time fleet monitoring and diagnostics, and Renewable Microgrids for sustainable power generation. Supporting tools include a Vehicle Conversion Calculator and Battery Cost Calculator.

Product and service2 records
1Zeronox Electric Powertrain Platform (ZEPP)
CategoryElectric Powertrain Technology
Description

Proprietary modular electric powertrain platform designed to replace internal combustion engines in commercial and industrial vehicles without compromising performance. Includes lithium-iron battery, BMS, permanent magnet motor, onboard charger, power electronics controller, and telematics.

2OEM Electrification
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Kubota Corporation signed agreements with Zero Nox Inc. to advance alternative fuel technologies for off-highway vehicles. Ongoing confidential electrification projects. Kubota is a major Japanese manufacturer of agricultural machinery and construction equipment.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2022-01-01
Description

Flagship strategic partnership established in 2022. $140 million contract for electrification of 1,000 refuse trucks in Ghana. Jospong is one of the most diversified holdings companies in Ghana with operations in waste management, ICT, banking, and automobiles. Committed to sustainability and zero-emission fleet transformation.

3PEAK Material Handling
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Strategic partnership landed in 2021 to develop PEAK brand electric forklifts. Established distributorship for PEAK Handling forklifts in 2022.

zeronox.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2019-01-01
Description

Electrification partnership formed in 2019 with Tuatara UTV. Formalized distribution agreement and began growing product demand for UTV line. First all-electric Tuatara UTV powered by ZEPP unveiled at World Ag Expo 2020.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Ongoing confidential electrification projects with LS Tractor, a manufacturer of agricultural tractors. Partnership involves development of electric tractor solutions.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Gene Cuelho, founder of Premier Trailer (largest trailer manufacturer in California), serves on Zeronox Board of Directors. Premier Trailer represents potential distribution channel for electrification technology.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Workhorse produces electric delivery vehicles and drones. Comparable in commercial fleet electrification focus and battery-electric powertrain delivery.

TypeDirect peer
Description

OneCharge manufactures lithium-ion batteries for forklifts and material handling equipment. Closely comparable to Zeronox's forklift battery upgrade product line.

TypeDirect peer
Description

Proterra designs electric powertrains and battery systems for heavy-duty commercial vehicles including buses and trucks. Direct competitor in commercial vehicle electrification with battery technology depth.

TypeBroad incumbent
Description

Cummins is a global incumbent in diesel powertrains now aggressively moving into commercial vehicle electrification. Represents the broad-incumbent threat to niche players like Zeronox.

TypeDirect peer
Description

Xos manufactures electric commercial vehicles (last-mile delivery, work trucks) with proprietary powertrains. Comparable in targeting fleet electrification with modular EV solutions.

TypeDirect peer
Description

Motiv builds electric chassis and powertrains for medium-duty trucks and buses. Shares Zeronox's OEM-embedded and fleet conversion GTM with modular electric drivetrains.

TypeDirect peer
Description

Lightning eMotors designs and manufactures electric powertrains for medium-duty commercial vehicles (vans, buses, trucks). Directly comparable to Zeronox's ZEPP platform approach to commercial fleet electrification.

TypeDirect peer
Description

Flux Power supplies lithium-ion battery packs for forklifts, ground support, and other industrial vehicles. Direct peer in lithium battery upgrades for material handling and industrial fleets.

TypeDirect peer
Description

Hyliion develops electric and hybrid powertrain technologies for Class 8 trucks and commercial vehicles. Closely comparable to Zeronox's commercial-vehicle powertrain focus.

TypeEmerging player
Description

Volta Trucks developed electric commercial vehicles for urban logistics before insolvency and restructuring; relevant comparable for Zeronox's commercial EV powertrain positioning.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

API detail
Has APIbool
Yes

Docs URL, Description

AI capability3 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Zero Nox

Commercial Vehicle Electrificationzeronox.com

Zero Nox (Zeronox) designs and manufactures the proprietary ZEPP modular electric powertrain platform for commercial and industrial vehicles. The Porterville, California-based company serves OEMs and fleet operators globally with battery systems, telematics, and engineering services.

What Zero Nox does

Zero Nox (operating as Zeronox) is a privately held commercial-vehicle electrification company founded in 2017 in Porterville, California, by Robert Cruess and Vonn Christenson. The company designs and manufactures the proprietary Zeronox Electric Powertrain Platform (ZEPP), a modular electric powertrain system that integrates a lithium-iron battery pack, battery management system, liquid-cooled permanent magnet motor, onboard charger, programmable power electronics controller, and telematics into a kit intended to replace internal combustion engines in commercial and industrial vehicles without performance compromise. ZEPP underpins the company's core solutions: OEM Electrification, Fleet Conversions, Zeronox Telematics, Forklift Battery Upgrades, and Renewable Microgrids.

The company's revenue model combines hardware sales of powertrain kits and lithium-iron battery systems with professional services for OEM co-design, integration engineering, training, and post-sales support. It operates three go-to-market motions in parallel: OEM embedded partnerships (Kubota, LS Tractor, Tuatara UTV), enterprise field sales for large fleet conversions (Jospong Group, $140M refuse-truck contract), and sales-led distribution through a dealer portal and the PEAK Handling forklift distributorship. Pricing is quote-based and not publicly disclosed.

Zero Nox operates a 42,000-square-foot California facility and is reported at 11-50 employees. It has raised Series A and Series B funding and conducted a 2024 Reg CF offering of up to $5M. Customers and partners span waste management (Jospong Group, Ghana), agricultural OEMs (Kubota, LS Tractor), airport ground support (LAX Tom Bradley Terminal), cold storage (Frontier Cooling), material handling (PEAK), and off-road/UTV (Tuatara). Patent-pending technologies include the Vortex Infusion Chamber and Iron Vault Energy Storage System.

Zero Nox firmographics

Firmographics
Name
Zero Nox
Legal name
Zero Nox Inc.
Website
https://zeronox.com
Company type
Private
Founded year
2017
Operating status
Operating
Headcount range
11–50 employees
Short description
Zero Nox (Zeronox) designs and manufactures the proprietary ZEPP modular electric powertrain platform for commercial and industrial vehicles. The Porterville, California-based company serves OEMs and fleet operators globally with battery systems, telematics, and engineering services.
Ownership category
akta.pro rank

Zero Nox industry classification

Industry
Product category
Commercial Vehicle Electrification
NAICS
Motor Vehicle Transmission and Power Train Parts Manufacturing (33635), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336), Mechanical Power Transmission Equipment Manufacturing (333613)
SIC
Motors & Generators (3621), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
akta.pro primary industry
Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells) (IMACABAK)
akta.pro secondary industries
Aftermarket Battery, Charging & Power Accessories Manufacturing (12V Batteries/Jump Starters/Chargers/Inverters) (IMACANAL), Light Electric Vehicles (NEVs/LSEVs/Quadricycles) Manufacturing (IMACAOAC)

Keywords

  • Electric powertrain platform
  • Commercial vehicle electrification
  • Lithium-iron battery systems
  • Fleet conversion solutions
  • OEM electrification kits

Where Zero Nox is headquartered

Location

Headquarters

HQ city
Porterville
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Zero Nox business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Supply Chain, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Electric Powertrain Platform (ZEPP) Sales: Sale of complete electric powertrain platform kits and components to OEMs and fleet operators. Custom-designed kits for specific applications including battery systems, motors, controllers, and charging equipment. Revenue from both product sales and associated engineering/integration services.
  2. Battery Technology Sales: Sale of lithium-iron phosphate battery systems for forklift and material handling equipment upgrades. Rapid opportunity charging, no maintenance, lower operating cost proposition.
  3. OEM Electrification Services: Engineering services including team of engineers for electrification, design of unique electric powertrain platform kits, training and support, execution support for bringing electric vehicles to market, and post-sales service and support.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractReg CF Securities Offering

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Zero Nox product offering

Product offering

Core offering

Zero Nox designs, manufactures, and integrates the Zeronox Electric Powertrain Platform (ZEPP), a modular electric powertrain system used to replace internal combustion engines in commercial and industrial vehicles. The company sells complete powertrain kits, lithium-iron battery systems, telematics software, and engineering services to OEMs and fleet operators seeking to electrify refuse trucks, forklifts, agricultural equipment, UTVs, and other off-highway vehicles.

Product overview

Zero Nox (Zeronox) offers a platform-plus-modules architecture centered on the proprietary Zeronox Electric Powertrain Platform (ZEPP). ZEPP is the core technology that powers all solutions, including OEM Electrification (collaborative design with OEMs), Fleet Conversions (gas-to-electric conversion kits), and Forklift Battery Upgrades (lithium-iron technology). The company also provides Zeronox Telematics for real-time fleet monitoring and diagnostics, and Renewable Microgrids for sustainable power generation. Supporting tools include a Vehicle Conversion Calculator and Battery Cost Calculator.

Differentiator

Problem solved

Functional benefit

Brands

  • ZEPP: Zeronox Electric Powertrain Platform - the company's proprietary electric powertrain technology for commercial and industrial vehicles
  • ION
  • PEAK Material Handling
  • PEAK Handling

Products and services

  • Zeronox Electric Powertrain Platform (ZEPP) Proprietary modular electric powertrain platform designed to replace internal combustion engines in commercial and industrial vehicles without compromising performance. Includes lithium-iron battery, BMS, permanent magnet motor, onboard charger, power electronics controller, and telematics.
  • OEM Electrification

Quantifiable outcome

  • 4x longer battery lifespan compared to industry standard lead-acid batteries
  • +5 more outcomes

Companies that use Zero Nox

Customer profile

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Zero Nox technology and API

Technology

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Zero Nox partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core, flagship and minor.

  • KubotacoreStrategic or Co-development Partner · 1 January 2024Kubota Corporation signed agreements with Zero Nox Inc. to advance alternative fuel technologies for off-highway vehicles. Ongoing confidential electrification projects. Kubota is a major Japanese manufacturer of agricultural machinery and construction equipment.
  • Jospong Group of CompaniesflagshipStrategic or Co-development Partner · 1 January 2022Flagship strategic partnership established in 2022. $140 million contract for electrification of 1,000 refuse trucks in Ghana. Jospong is one of the most diversified holdings companies in Ghana with operations in waste management, ICT, banking, and automobiles. Committed to sustainability and zero-emission fleet transformation.
  • PEAK Material HandlingcoreStrategic or Co-development Partner · 1 January 2021Strategic partnership landed in 2021 to develop PEAK brand electric forklifts. Established distributorship for PEAK Handling forklifts in 2022.
  • Tuatara UTVcoreStrategic or Co-development Partner · 1 January 2019Electrification partnership formed in 2019 with Tuatara UTV. Formalized distribution agreement and began growing product demand for UTV line. First all-electric Tuatara UTV powered by ZEPP unveiled at World Ag Expo 2020.
  • LS TractorcoreStrategic or Co-development PartnerOngoing confidential electrification projects with LS Tractor, a manufacturer of agricultural tractors. Partnership involves development of electric tractor solutions.
  • Premier TrailerminorChannel Partner/ Reseller/ DistributorGene Cuelho, founder of Premier Trailer (largest trailer manufacturer in California), serves on Zeronox Board of Directors. Premier Trailer represents potential distribution channel for electrification technology.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Zero Nox competitors and assessment

Company assessment

Direct peers

  • Workhorse Group: Workhorse produces electric delivery vehicles and drones. Comparable in commercial fleet electrification focus and battery-electric powertrain delivery.
  • OneCharge: OneCharge manufactures lithium-ion batteries for forklifts and material handling equipment. Closely comparable to Zeronox's forklift battery upgrade product line.
  • Proterra: Proterra designs electric powertrains and battery systems for heavy-duty commercial vehicles including buses and trucks. Direct competitor in commercial vehicle electrification with battery technology depth.
  • Xos Trucks: Xos manufactures electric commercial vehicles (last-mile delivery, work trucks) with proprietary powertrains. Comparable in targeting fleet electrification with modular EV solutions.
  • Motiv Power Systems: Motiv builds electric chassis and powertrains for medium-duty trucks and buses. Shares Zeronox's OEM-embedded and fleet conversion GTM with modular electric drivetrains.
  • Lightning eMotors: Lightning eMotors designs and manufactures electric powertrains for medium-duty commercial vehicles (vans, buses, trucks). Directly comparable to Zeronox's ZEPP platform approach to commercial fleet electrification.
  • Flux Power: Flux Power supplies lithium-ion battery packs for forklifts, ground support, and other industrial vehicles. Direct peer in lithium battery upgrades for material handling and industrial fleets.
  • Hyliion: Hyliion develops electric and hybrid powertrain technologies for Class 8 trucks and commercial vehicles. Closely comparable to Zeronox's commercial-vehicle powertrain focus.

Broad incumbents

  • Cummins: Cummins is a global incumbent in diesel powertrains now aggressively moving into commercial vehicle electrification. Represents the broad-incumbent threat to niche players like Zeronox.

Emerging players

  • Volta Trucks: Volta Trucks developed electric commercial vehicles for urban logistics before insolvency and restructuring; relevant comparable for Zeronox's commercial EV powertrain positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Zero Nox social profiles

Digital presence

Zero Nox financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Zero Nox leadership team

Management profile

Number of profiles

Profiles12 records

Zero Nox subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Zero Nox funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Zero Nox M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zero Nox

What does Zero Nox do?

Zero Nox designs, manufactures, and integrates the Zeronox Electric Powertrain Platform (ZEPP), a modular electric powertrain system used to replace internal combustion engines in commercial and industrial vehicles. The company sells complete powertrain kits, lithium-iron battery systems, telematics software, and engineering services to OEMs and fleet operators seeking to electrify refuse trucks, forklifts, agricultural equipment, UTVs, and other off-highway vehicles.

Is Zero Nox a public or private company?

Zero Nox is a private company. It is classified as venture growth investor backed and is currently operating.

When was Zero Nox founded?

Zero Nox was founded in 2017. It employs 11 to 50 people.

Where is Zero Nox based?

Zero Nox is headquartered in Porterville, United States, in the North America region.

How does Zero Nox make money?

Three revenue lines are on record. Electric Powertrain Platform (ZEPP) Sales are the primary driver. The others are battery Technology Sales and OEM Electrification Services.

Who are Zero Nox's main competitors?

Direct peers on record are Workhorse Group, OneCharge, Proterra, Xos Trucks, Motiv Power Systems, Lightning eMotors, Flux Power and Hyliion. Cummins is listed as a broad incumbent. Volta Trucks is listed as an emerging player.

Does Zero Nox have an API?

Yes. Zeronox offers B2B API integration that allows users to connect to their existing system infrastructure. The Zeronox Telematics system provides API Integration for connecting fleet data to existing systems.

What industry is Zero Nox in?

Zero Nox's product category is Commercial Vehicle Electrification. Its primary akta.pro industry code is IMACABAK, Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells), with a secondary code of IMACANAL, Aftermarket Battery, Charging & Power Accessories Manufacturing (12V Batteries/Jump Starters/Chargers/Inverters). Its NAICS code is 33635 and its SIC code is 3621.

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Live signals
FortunebusinessinsightsOff-Highway Vehicle Engine Market TrendsThe global off-highway vehicle engine market was valued at USD 218.61 billion in 2023 and is projected to grow to USD 1,077.43 billion by 2032, exhibiting a CAGR of 18.5%, driven by increasing agricultural mechanization and construction activities across developing economies. Asia Pacific dominated the market with a 41.61% share in 2023, supported by robust demand in India and China for agricultural machinery and construction equipment. Key industry developments include strategic partnerships for electrifying off-highway vehicles, with companies such as Bosch Rexroth partnering with Modine and Kubota signing agreements with Zero Nox Inc. to advance alternative fuel technologies.Business Wire BlogZeroNox and Growth for Good Announce PIPE Financing to Support Long-term Growth StrategyZeroNox and Growth for Good announced a $5 million all-equity Private Investment in Public Equity (PIPE) financing at $10.00 per share, with investors including Kubota Corporation, Premier Trailer, and NIO 333. The funding is intended to accelerate long-term partnerships and support ZeroNox's strategy to revolutionize the off-highway vehicle market with emission-free solutions. This announcement coincided with Growth for Good postponing its extraordinary general meeting of shareholders to August 28, 2023, pending the completion of their business combination.ImpactalphaOff-highway vehicle electrification company ZeroNox to go public via SPAC as deadline loomsZeroNox announced it will go public via a merger with The Growth for Good Acquisition Corp., a special purpose acquisition company (SPAC), valuing the off-highway vehicle electrification firm at $306 million. Upon closing, ZeroNox's stock is expected to trade on the Nasdaq under the ticker symbol ZNOX. This transaction addresses the deadline pressure facing hundreds of SPACs holding significant cash reserves.The DriveElectric UTVs Can Definitely Work as Hard as Gas OnesZero Nox's electric UTV, the Tuatara, demonstrated strong off-road performance and utility capabilities during testing at the Texas Truck Rodeo in October. The vehicle features a lithium battery that charges in approximately 3.5 hours, offers an estimated 100-mile range, and provides towing capacity comparable to entry-level pickup trucks.