- Rev Group Inc (NYSE:REVG) subsidiary Spartan Emergency Response has received an order for two all-electric Vector fire trucks from Toronto Fire Services.
- REV Fire Group introduced the Vector fire truck in August 2021.
- Toronto Fire Services, which responds to 300 to 400 calls per day, will be one of the first fire departments in Canada to have fully electric, North American-style pumper trucks in their fleet.
- These fire apparatus were sold by authorized dealer Safetek Emergency Vehicles Ltd.
- The trucks are equipped with 327 kilowatt-hours (kWh) of automotive-grade batteries.
- Price Action: REVG shares are trading higher by 2.24% at $12.32 on the last check Thursday.
Jefferies Downgrades Nuvation Bio to Hold, Lowers Price Target to $2
Jefferies analyst Michael Yee downgrades Nuvation Bio (NYSE:NUVB) from Buy to Hold and lowers the price target from $5 to $2.
