LISHUI, China, Aug. 14, 2023 /PRNewswire/ — Tantech Holdings Ltd (NASDAQ: TANH) (“Tantech” or the “Company”) announced that its subsidiary, Shangchi Automobile Co., Ltd., has recently signed a sales contract to export 20 school buses to Ecuador; this is the 4th order of school buses from Ecuador.
This order includes 20 wide-body buses measuring 6 meters long featuring 18 fabric seats. The passenger area is covered by dark gray windows for better privacy. In most countries, school buses are subject to stringent safety standards. Tantech’s product quality and technology standards will ensure the exported buses meet or exceed Ecuadorian safety regulations. The incoming orders also represent a significant business opportunity for the Company to expand market presence and generate revenue. Entering a market such as Ecuador can drive further growth in revenue and promote long-term partnerships.
Mr. Wangfeng Yan, CEO of Tantech, said: “Ecuador holds tremendous potential for growth, and we are honored to contribute to its educational infrastructure by providing safe, reliable, and efficient transportation solutions for students. Our school buses are not just vehicles, they are a means to a brighter future for Ecuador’s young minds, and we are proud to …
