Santa Ana, CA., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Tipmefast, Inc. ( TMEF) today announced that Lucent, Inc., its wholly-owned subsidiary, has received a purchase order in the amount of $1,087,074.66 from Green Reliable Energy Auto Technology Co. Ltd., a company offering a wide array of sustainable/clean energy products for both commercial and residential use.
According to The International Energy Agency (IEA), electric vehicle sales are projected to reach 17 million in 2024, a 20% increase from 2023. In 2027, electric vehicle sales are projected to reach 30 million, and by 2040, annual sales are projected to reach 73 million.
“Lucent’s battery production division is positioned to take advantage of expected growth in the EV industry by increasing production and making acquisitions necessary to pursue larger accounts and orders,” said Steve Arenal, Chairman of Lucent, Inc. “While this order is the first of its size for Lucent, there are several additional, larger purchase orders currently being negotiated. EV production has barely scratched the surface of market share in the auto industry. Demand is increasing exponentially every year, and Lucent is building the relationships to serve this market and meet that increasing demand.”
Lucent engages in sustainable business practices and supports all 17 of the UN’s Sustainable Development Goals.
Further information on Lucent can be found at https://www.lucentlabs.ai.
About Green Reliable Energy Auto Technology Co.
Green Reliable Energy Auto Technology Co., LTD. (GREAT) is dedicated to green energy and related products. “GREAT” is located in Taipei City, Taiwan, and operates worldwide. Green Reliable Energy Auto Technology Co. offers a full range of energy storage products for various applications, from installation to operation and maintenance.
About Lucent Inc.:
Lucent’s mission is to revolutionize the AI data center and cloud computing industry through AI application platforms and harnessing the power of clean energy. With offices in Irvine, CA, and Taipei, Taiwan, Lucent is committed to providing sustainable, reliable & high-performance solutions that empower businesses and public sectors to thrive in a digital world. Through collaboration & partnership with governments, businesses, and communities, and unwavering dedication to environmental responsibility, Lucent strives to create a brighter, cleaner future for all.
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Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: [email protected]
