Lightning eMotors Inc. shares surged after the company that electrifies commercial vehicles announced a strategic partnership with a Berkshire Hathaway Inc.-backed bus maker.
Lightning, whose stock started trading in May after a merger with a blank-check company, will build fully electric powertrains and provide charging products and services to Berkshire’s Forest River Inc., according to a statement Tuesday. The companies said they’ll deploy as many as 7,500 shuttle buses.