2050 Motors Decides To Move Forward On Its Electric Vehicle Assembly Plant In The USA
2050 MOTORS (ETFM)
NASDAQ:AMEX Investor Relations:
2050motors.com/investor-relations.html
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Source: GlobeNewswire
LAS VEGAS, Sept. 29, 2017 (GLOBE NEWSWIRE) -- Michael Hu, President of 2050 Motors, Inc. (OTCQB:ETFM), announced today that during this last quarter 2050 Motors has decided to shift strategy to immediate preparation for Phase II of its business plan. Under Phase II, US workers will assemble electric vehicles in Las Vegas, Nevada with high-tech parts manufactured and imported from Aoxin Automobile in China including advanced carbon fiber bodies and high strength aluminum alloy frames as well as other high-quality US manufactured components. This would benefit Aoxin Automobile and 2050 Motors in entering the US EV market as soon as possible. 2050 Motors intends to assemble and sell the e-Go EV as a low-speed neighborhood electric vehicle while the Company is completing the crash test sequence and complying with other US standards for the e-Go EV as a highway-capable vehicle. Please see the four-minute video illustrating the successful frontal crash test of the e-Go and additionally
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