EV Technology Group Ltd. (“
EV Technology Group” or
the “
Company”) (NEO: EVTG) announces today that it
has launched a pilot of an electric vehicle subscription service,
through its subsidiary Moke France SAS (“Moke France”), signing its
first customers, luxury real estate players, Bo-House and Tardieu
Immobilier. The subscription model gives clients the opportunity to
pay a monthly fee to drive a Moke, without the hassle of owning a
car and having to deal with insurance, tax, servicing, etc., and is
in line with the latest trends in terms of subscription experience.
The initial price will be €650 per month with an anticipated
average contract length of 36 months.
“This pilot serves as an important step to making the Moke
Electric available to a wide range of users,” said Wouter Witvoet,
CEO of EV Technology Group.
“It has been fantastic to see the initial reception in the
market, with notable business-to-business customers jumping on the
opportunity to get one of the first Moke Electric vehicles which
are becoming available this summer.”
“We’re delighted and proud to announce our first partnership
with Bo-House and Tardieu Immobilier, two pillars of the luxury
real estate industry in the Saint-Tropez region,” said Moke France
CEO, Willy Gruyelle. “It was very important to partner with a
player with deep local roots, but also a strong understanding of a
demanding international clientele. Tardieu and Bo-House have been
in the region since 1967, and have developed a strong expertise
within the sector while always being able to reinvent
themselves.”
“We deal with customers, through both purchase and rental
transactions, that have everything they need in life. When they
come to Saint-Tropez, they are looking for that special connection
to make them feel adapted to the elegance of the Riviera, and Moke
is the perfect car for that,” said Antony Tardieu, partner at
Tardieu Immobilier and Bo-House.
Fabien de Labarre (Bo-House Partner), Willy
Gruyelle (Moke France CEO), Antony Tardieu (Tardieu Immobilier
Partner) in Saint-Tropez
The customised Mokes for Tardieu Immobilier and
Bo-House will be seen in the streets of Saint-Tropez, and by their
international clients, during the 2022 summer season.
“For the subscription service pilot, we’re starting
with business clients that we have shared values with, as they are
passionate with the Moke brand, but sometimes more hesitant with
capital expenditures,” said Moke France CEO, Willy Gruyelle. “The
idea came from the market—we innovated to suit the needs of a large
base of B2B customers who love the brand and share our desire to
bring it into the electric age.”
EV Technology GroupEV
Technology Group was founded in 2021 with the mission of
accelerating the adoption of electric vehicles, and the vision to
champion the joy of motoring in an electric world. As passionate
investors and operators of EV technology companies, EV Technology
Group’s mission is driven by three core tenets: electric vehicles
are the future; EVs will transform the way people live, work, and
play; and there is an opportunity to accelerate the adoption of
this technology by electrifying iconic driving experiences. To
learn more visit: https://evtgroup.com/
MediaRachael
D’Amorerachael@talkshopmedia.com+1519-564-9850
Investor RelationsDave
Gentrydave@redchip.com+14074914498
EV Technology GroupWouter WitvoetCEO and
Chairman of the Boardwouter@evtgroup.com
Forward-Looking Information
This news release contains forward-looking statements including,
but not limited to, the pilot subscription service for electric
vehicles, partnerships with Bo-House and Tardieu Immobilier and
statements about the Company’s strategies, expectations, planned
operations or future actions. Often, but not always, these
Forward-looking Statements can be identified by the use of words
such as “estimated”, “potential”, “open”, “future”, “assumed”,
“projected”, “used”, “detailed”, “has been”, “gain”, “planned”,
“reflecting”, “will”, “containing”, “remaining”, “to be”, or
statements that events, “could” or “should” occur or be achieved
and similar expressions, including negative variations.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially
different from any results, performance or achievements expressed
or implied by the Forward-looking Statements, including those
factors discussed under “Risk Factors” in the filing statement of
the Company. Although the Company has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
Forward-looking Statements, there may be other factors that cause
actions, events or results to differ from those anticipated,
estimated or intended.
Forward-looking statements involve significant risk,
uncertainties and assumptions. Many factors could cause actual
results, performance or achievements to differ materially from the
results discussed or implied in the forward-looking statements.
These factors should be considered carefully and readers should not
place undue reliance on the forward-looking statements. Although
the forward-looking statements contained in this news release are
based upon what management believes to be reasonable assumptions,
the Company cannot assure readers that actual results will be
consistent with these forward-looking statements. The
forward-looking statements contained herein are made as of the date
hereof and the Company disclaims any obligation to update any
forward-looking statements, whether as a result of new information,
future events or results or otherwise, except where required by
law. There can be no assurance that these forward-looking
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements.
THE NEO STOCK EXCHANGE DOES NOT ACCEPT RESPONSIBILITY
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
A photo accompanying this announcement is available
at https://www.globenewswire.com/NewsRoom/AttachmentNg/8333f6b0-118d-4297-bfa6-9623e299734e
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