Plug Power Aims For $1B In Revenue By 2024

Plug Power Aims For $  1B In Revenue By 2024Earlier this fall, Latham- New York-headquartered fuel cell manufacturer Plug Power (NASDAQ: PLUG) announced plans to boost revenues from around $ 240 million today to $ 1 billion by 2024. A pioneer in the fuel cell space, the company said it would achieve that goal by growing its materials handling business and diversifying into on-road vehicles, drones and other next-generation fuel cell applications. Plug Power CEO Andy Marsh revealed more details about how the company aims to hit the $ 1 billion mark during a conversation with FreightWaves on Nov. 21.



Yahoo Finance

You may also like...