Thor Industries announces investment in Dragonfly Energy

Thor Industries has announced that it has created a development project at Dragonfly Energy, a deep-seated lithium-ion battery manufacturer in the RV industry.

In May 2022, Dragonfly entered into a joint venture agreement for a joint venture with Chardan NexTech Acquisition 2 Corp.

“Our investment at Dragonfly enhances Thor’s dedication to continually improving Thor RVers’ user experience by giving them a better energy management experience. RVers can boondock and camp outside the yard.Dragonfly is a partner in one of our largest and most active American RV companies, Keystone RV, a Thor company. products in the field and the synergistic investment relationship that has made this asset so important to us.Our alignment with Dragonfly is a real asset to the growth of our product line to give power to our owners. our company’s RVs travel everywhere and stay in locations, ”said Bob Martin, President and CEO of Thor Industries.

“As we talked on our new publisher’s day, Thor has invested heavily in connecting with leading technology companies in the RV space. Dragonfly has revealed that he is leading the way in Lithium-ion battery packs. The leadership team at Dragonfly has demonstrated the importance of its approach by focusing on the economy and making the home, thereby reducing the risk of the supply chain. an independent relationship with Dragonfly for a few tables, in time, to foster an independent relationship between the entire Thor family.In addition to a strong return on our investment, our balance sheet has established that the opportunity for permitted exclusivity and development responsibilities in specific industrial RV applications of lithium-ion energy storage devices.The relationship also enhances our ESG implementation because the entire mobile phone technology is set up. and Dragonfly in order to continue and intelligent energy is relied upon. Moving forward, our design team with Dragonfly will agree to join with his guide to ensure the long -term deployment of a key component of our equipment chain with Thor’s design knowledge and provide some of the best blockchain to a last resort, ”added Todd Woelfer, Thor’s CEO.

“Dragonfly is excited to work on this next step with Thor to strengthen our long -term team. Our experience working with Thor brands, especially Keystone, has convinced us that he is a great development partner. Not only is Thor fulfilling the second end user, but this publication shows how Thor fulfills a very important vision of energy sustainability.Together, keep up the good work. “We’re driving state-of-the-art lithium-ion technology, designed to improve RV user experience. We hope to be a major contributor to Thor’s future success,” he said. and Dr. Denis Phares, General Manager of Dragonfly.

Thor’s investment has been completed and is underway ahead of Dragonfly’s previously announced business partnership with Chardan NexTech Acquisition 2 Corp. The company’s earnings will include a $ 75 million loan because Energy Impact Partners is the organizational leader, which has $ 5 million equity. investment from Chardan NexTech Investments 2 LLC, and a $ 150 million Chardan Equity Facility (ChEFTM) from Chardan, a subsidiary of CNTQ.

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