ZeroNox Expands Into Industrial and Construction Markets with IndiCon Platform & Papé Material Handling Partnership
24 August 2023
Zero Nox Inc. (referred to as "ZeroNox" or the "Company"), a prominent provider of sustainable electrification solutions for off-highway vehicles, has reached a significant milestone in its expansion strategy targeting the industrial and construction sectors. The Company has introduced its IndiCon platform, aimed at supporting large and specialized dealer and distributor partners operating in these strategic growth markets. This platform not only seeks to expand ZeroNox's product distribution footprint but also aims to enhance service partnerships and potential sales.
ZeroNox has successfully launched the IndiCon platform by establishing a partnership agreement with Papé Material Handling, a prominent full-service material equipment dealer with a substantial presence across the Western U.S. Boasting 92 full-service dealerships spread across 62 cities, Papé Material Handling is dedicated to promoting sustainability-oriented products and operations. Initially being rolled out in California and Oregon, this partnership will enable ZeroNox's products, specifically the all-electric Tuatara Utility Vehicles, to be accessible across 16 of Papé Material Handling's dealership locations. Moreover, ZeroNox has plans to introduce more of its products powered by their sustainable electrification technology later in the year.
Vonn Christenson, Co-founder, and Chief Executive Officer of ZeroNox, expressed enthusiasm regarding this expansion, stating, "Today, we are thrilled to unveil our venture into the industrial and construction end-markets with the announcement of our first IndiCon partnership agreement with Papé Material Handling. The launch of our IndiCon platform and this strategic partnership signifies our commitment to fulfilling our growth strategy by introducing sustainable solutions to adjacent markets. Anticipating this partnership with Papé Material Handling to significantly enhance our sales, we're excited about extending our reach to additional locations and diversifying our product portfolio in the forthcoming quarters."
As previously disclosed, ZeroNox has entered into a definitive business combination agreement with The Growth for Good Acquisition Corporation (Nasdaq: GFGD), a publicly traded special purpose acquisition company. The consummation of this transaction is contingent upon approval from Growth for Good's shareholders and other customary closing conditions. Upon completion, ZeroNox is set to become publicly listed.
For more details, please visit the official website of ZeroNox Inc. at www.zerohighway.com.