US: Nature's Miracle orders 150 electric trucks from Robostreet

Nature's Miracle Holding has announced that it has entered into a Cooperation Agreement with Robostreet to order a total of 150 LS450 electric trucks from Robostreet. As part of the agreement, Robostreet will coordinate a third-party agency to assist Nature's Miracle in applying for California's incentive program to fund the purchase.

Nature's Miracle plans to convert these electric trucks into mobile vertical farms in order to grow micro-greens and herbs which will be delivered to an end customer base including consumers and businesses. Nature's Miracle will order 150 LS 450 electric trucks from Robostreet, 40 of which will be delivered by the end of 2024, and the remaining will be delivered within one year. Nature's Miracle plans to initially deploy the Mobile E Farms in the Los Angeles market. Simultaneously, Robostreet will provide the required resources to maintain its electric trucks including a photovoltaic and energy storage integrated charging station at Nature's Miracle's California warehouse.

James Li, CEO of Nature's Miracle, commented, "We are excited to collaborate with Robostreet as we pursue our next growth initiative with an all-electric mobile farming and distribution service. Securing Robostreet's LS450 electric trucks provides an infrastructure to develop a farm-to-table paradigm on the foundation of our mission focusing on sustainably sourced and cultivated agriculture made widely available to the end consumer. While we are currently in the early phase of strategic development, our objective is to establish a seamless platform that will combine our core vertical farming business, clean energy, and EV technologies to provide consumers with direct access to fresh vegetable products."