California Company Expecting Expansion

California Company Expecting Expansion

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, February 25, 2021

A California-based company just announced that it engaged Gameday HR to support its expansion as a provider of new purpose-built electric vehicles and drivetrain solutions. Phillip Oldridge, CEO of ADOMANI Inc. (OTCQB:ADOM), DBA Envirotech Vehicles, went on to say that they “are excited to begin expanding key aspects of [their] team in order to achieve positive results for stockholders.” 

ADOMANI Inc. designs zero-emission electric and hybrid drivetrain systems for integration in new school buses and medium to heavy-duty commercial fleet vehicles. The company also designs patented re-power conversion kits to replace conventional drivetrain systems for combustion powered vehicles with zero-emission electric or hybrid drivetrain systems. Its product range includes Cab Over Engine Trucks and Shuttle Bus Fleets.

The stock got off to a good start during today’s session after trading up to $0.62/share (+2.39%) following the headline. This move comes just days after the stock bounced off of its 100-day SMA, continuing the strong uptrend that has been in play for the last few months.


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