Erayak Power shares surge 49.40% premarket after strategic pivot to high-capacity power solutions and Ruike Electronics manufacturing progress.

Tuesday, Mar 24, 2026 8:25 am ET1min read
RAYA--
Erayak Power (Nasdaq: RAYA) surged 49.40% in premarket trading following a strategic business update highlighting its pivot toward high-capacity, mission-critical power solutions. The company announced expansion into >13 kW inverter platforms, integrated UPS capabilities for AI infrastructure, and progress on its Ruike Electronics manufacturing facility, which is ahead of schedule and will support production of next-gen power systems. These developments position Erayak to address North America’s energy resilience needs amid grid strain from AI and extreme weather, aligning with CEO Lingyi Kong’s vision of becoming a key player in distributed power infrastructure. The news reinforced investor confidence in the company’s strategic shift from portable generators to industrial-grade solutions, directly driving the premarket rally.

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