02:29 PM EST, 11/07/2024 (MT Newswires) -- Nature's Miracle (NMHI) said Thursday its subsidiary will launch a new business with focus on marketing and distribution of electric-powered agriculture vehicles and commercial vehicles in the US and South America.

The company said its unit, Hydroman, will become Hydroman Electric Corporation to align with its new business plan.

Last month, the agriculture technology firm said it will order 150 electric trucks from Robostreet to diversify its business.

Nature's Miracle shares were up about 60% in recent trading.

Price: 0.15, Change: +0.06, Percent Change: +59.75