Blitz Motors signs contract with AKATA Energy.

Auto Business News-July 19, 2022--Blitz Motors signs contract with AKATA Energy

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Auto Business News - 19 July 2022

Blitz Motors (TASE: BLTZ), a company that produces smart e-mopeds in Israel, has signed a contract with South Africa-based AKATA Energy.

The contract has been signed for AKATA to purchase 400 Blitz 3000x model smart e-mopeds, over a period of 24 months from July 2022, which it will retail as a Blitz Motors franchisee.

According to the order, the amount of motor scooter purchases is valued at USD1m and does not include the purchase of batteries, which will be offered on Battery as...

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