Great Wall Builders Ltd. (OTC: GWBU), owner of a patent pending technology, has seen a sharp rise in its shares this week. GWBU shares have gained more than 6% this week. In today’s trading, GWBU is down more than 1% to $1.73 on volume of 859,539.
Great Wall Builders this week announced that in order to overcome strict government Low Emission Zones (LEZs) regulations, commercial and government trucking fleets are likely to turn to the company’s Start Fuel Efficiency and Emission Device (FEED). Start FEED is GWBU’s patent pending fuel conditioning technology that reduces fuel consumption and polluting emissions, while boosting vehicle mileage and engine horsepower.
Great Wall Builders particularly sees Europe as a major market for its technology. Daneille Brazzi, CEO of Great Wall Builders, said that GWBU believes that European demand for its technology will be very strong.
Earlier this week, GWBU also announced that its Start FEED technology is being tested by Mercedes-Benz Italy.
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