Armor Electric, Inc. (ARME)
Armor Electric, Inc. operates in the Engineering & Construction industry of the Industrials sector, headquartered in US. The stock last traded at $0.00, up 9900.00% on the session, giving a market capitalisation of $4,517. Its beta of 58.29 implies it has historically moved more than the broad market.
Established in 1998 and headquartered in Redondo Beach, California, Armor Electric, Inc. specializes in the manufacturing and distribution of electric vehicles. Beyond creating its own line of vehicles, the company also provides sophisticated electronic propulsion and battery power systems for various electric-powered conveyances. A key facet of Armor Electric's business involves a collaborative arrangement with NuAge Electric, Inc., granting Armor Electric the licensing rights to utilize specific proprietary technology. This technology enables the installation of electric propulsion systems across an exceptionally broad spectrum of vehicles. This extensive range includes, but is not limited to, two and three-wheeled vehicles such as mountain bikes, standard bicycles, children's riding toys, scooters, and motorcycles, alongside recreational ATVs, go-karts, and a diverse array of automobiles, from Neighborhood Electric Vehicles and race cars to regular passenger cars and buses. The application of this technology also extends to watercraft and other assorted products. The company, formerly known as Armor Enterprises, Inc., adopted its current name, Armor Electric, Inc., in June 2004. Presently, Armor Electric, Inc. operates as a subsidiary of Nu Age Electric Inc.
Armor Electric, Inc. is most often compared with the following Industrials names: