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IPO-Bound Octillion Energy Offers Lesson In Single-Customer Overreliance - Tesla (NASDAQ:TSLA)

Key Takeaways: Octillion Energy’s revenue plunged 54% and it swung into the red in the first half of this year after its biggest customer sharply cut back its orders The EV battery systems supplier is trying to diversify with bets on the Indian and U.S. markets, and is exploring business opportunities with other customers

Octillion Ships 1,500 Battery Packs Per Day Globally, Reducing C02 Emissions by Almost 1 5M Metric Tons

Octillion Ships 1,500 Battery Packs Per Day Globally, Reducing C02 Emissions by Almost 1 5M Metric Tons

/PRNewswire/ Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage.

Octillion Ships 1,500 Battery Packs Per Day Globally, Reducing C02 Emissions by Almost 1 5M Metric Tons

/PRNewswire/ Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage.

Octillion shipping 1,500 battery packs per day globally

Octillion Energy, a global supplier of advanced high-density lithium-ion battery packs for passenger cars, trucks, buses, and energy-storage systems, has achieved the milestone of shipping more than 1,500 battery packs a day and expects to hit 2,000 packs per day this month. Averaged over the course of a year, Octillion.

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