Key facts
- STAK Inc. is expanding its new energy vehicle business.
- The company is growing its product portfolio and intellectual property in this sector.
- STAK Inc. specializes in oilfield equipment but is scaling up its new energy vehicle operations.
STAK Inc., known for its oilfield equipment, is making a strategic move to scale up its new energy vehicle business. This expansion includes developing a broader product range and strengthening its intellectual property within the EV sector.