Nxu Maintains Strong Momentum Towards 2023 Hiring Goal; Achieves 62% Year-to-Date Headcount Growth
11 July 2023 - 8:30PM
Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a US-operated
technology company manufacturing innovative battery cells and
battery packs for use in advanced energy storage systems, megawatt
charging stations, and mobility solutions, today announces
substantial progress towards 2023 hiring goals, underscoring the
Company’s steadfast commitment to investing in top-tier talent.
The company has expanded its operations team by welcoming 52
individuals, along with 24 highly skilled Engineers specializing in
Mechanical, Hardware, Software, and Test and Validation
disciplines. Additionally, 14 corporate and leadership personnel
have joined Nxu, further bolstering its capabilities. With this
remarkable growth, Nxu is well-positioned to achieve its goal of
delivering customer packs this summer while continuously driving
value for its shareholders.
Mark Hanchett, Founder and CEO of Nxu, expressed his enthusiasm,
stating, “At Nxu, we are tirelessly dedicated to developing and
deploying sustainable energy technologies. We envision a future
where energy is abundant, accessible, and infinite, and are
actively working as a team to make this future a reality. This
year’s rapid expansion exemplifies our ability to attract
exceptional talent who are aligned with this mission.”
With the goal to double in size this year, Nxu has several
positions open across corporate, engineering, and manufacturing
functions. Employee benefits include health, vision, and dental
insurance, 401(k), paid parental leave, flexible paid time off,
leadership training, and the opportunity to work on leading edge
products. For more information, please visit:
https://nxuenergy.com/careers.
About Nxu, Inc. Nxu, Inc. is a vertically
integrated technology company leveraging its intellectual property
and U.S.-manufactured battery innovations to support
e-Mobility and energy storage solutions. Driving the energy future,
Nxu is developing an ecosystem of industry leading battery cell
and pack technologies, grid level energy storage solutions,
charging infrastructure, platform and medium-duty electric
mobility solutions, and over-air cloud management – encompassed
by Nxu’s seamless subscription-based models. For more
information, visit www.nxuenergy.com.
Forward-Looking Statements This press
release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including,
but not limited to, statements regarding our future areas of focus
and expectations for our business. These forward-looking statements
are based on our current assumptions, expectations and beliefs and
involve substantial risks and uncertainties that may cause results,
performance or achievements to materially differ from those
expressed or implied by these forward-looking statements. Such
forward-looking statements include statements regarding, among
other things, Nxu’s expectations about its long term growth
strategy, future growth trajectory, revenue and operations; Nxu’s
technology and alignment with broader trends in the EV market;
opportunities presented by electrification; beliefs about the
general strength, weakness or health of Nxu’s business; and beliefs
about current or future trends in EV battery materials or other
markets and the impact of these trends on Nxu’s business. A
detailed discussion of these factors and other risks that affect
our business is included in filings we make with the Securities and
Exchange Commission (SEC) from time to time, including our most
recent report on Form 10-K, particularly under the heading “Risk
Factors.” Copies of these filings are available online from
the SEC or on the SEC Filings section of our Investor Relations
website at www.nxuenergy.com. All forward-looking statements in
this press release are based on information currently available to
us, and we assume no obligation to update these forward-looking
statements in light of new information or future events.
CONTACT: Mary Trout Nxu,
Inc. info@nxuenergy.com
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