Benzinga | Oct 18, 2021 03:30PM EDT

Tantech Procures New Order For Midibuses

* Tantech Holdings Ltd (NASDAQ:TANH) subsidiary, Shangchi Automobile Co Ltd, has received a new order for 15 midibuses. The financial terms of the latest order, secured from a domestic China customer, were not disclosed.

* Shangchi Automobile's fully customizable, diesel light midibuses feature a manual 5-speed transmission, providing a fuel-efficient, luxury travel experience with seating for 15 passengers.

* With an overall length of 6 meters, the vehicles have easy USB access charging ports, powerful air conditioning and heating, and an air purification system.

* Price Action: TANH shares are trading higher by 0.96% at $0.7028 on the last check Monday.