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Life Electric Vehicles, Inc. has recently executed a Purchase Agreement to acquire a leading eBike brand with approximately $50mm in revenues in the prior 2 years. The closing is anticipated to occur in the next 45 days.
In 2022, Life Electric Vehicles Holdings, Inc. formed Sierra eLife, Inc. as a wholly owned subsidiary. Sierra eLife, Inc. sells electric vehicles and component parts on a wholesale and retail basis in addition to Private Label manufacturing. Sierra eLife, Inc. markets multiple brands of e-bikes, e-trikes, e-scooters, and light EV components with a view towards becoming an industry leader for the American micro-mobility market. Sierra eLife has recently become an Authorized Distributor for Serial 1, Life EV, Emojo, Runner X and E-Tek. Sierra eLife, Inc.s Mission: To provide the world with electric vehicles, and change peoples lifestyle by experiencing the freedom of light electric vehicles.
About Life Electric Vehicles, Inc.: Life Electric Vehicles, Inc. is a Florida based corporation, involved in the design, manufacturing and commercialization of electric vehicles, with a current emphasis on electric bicycles eBikes. Electric bicycles have become the leading selling EV in both the USA and Europe. Life EV manufactures its products utilizing a foreign-trade zone process, eliminating duties and tariffs in most cases and allowing for a USA Certificate of Origin. Life Electric Vehicles, Inc.s leadership team has vast eMobility manufacturing experience having founded prior the USAs largest eBike manufacturer.
Don't see how it could change much, it was listed as a shell so the restricted are held for a year.
The one thing I still have questions about is
each share of Life EV Floridas common stock will be exchanged for a five year pre-funded warrant to acquire thirty-five shares of Life EV Nevada common stock
I'll send him an email about it. He is out straight right now with these mergers but usually gets back to me within a few days. The investor relations department is still being set up so once that is done we will have a clear line of communication.
Would like to see an updated share count.
Didn’t like how it was trading
Authorized Shares
750,000,000
04/01/2023
Outstanding Shares
7,077,347
04/01/2023
Restricted
6,000,000
04/01/2023
Unrestricted
1,077,347
04/01/2023
Held at DTC
475,526
04/01/2023
Float
It's just unknown, once word gets out momentum will do what momentum does.
looks like MM holding down? worth north of 10 bucks imho.
Rob Provost (CEO) sent me this this morning:
Life Electric Vehicles Holdings, Inc. Announces Share Exchange
DEERFIELD BEACH, FL
Life Electric Vehicles Holdings, Inc. (OTC Pink: LFEV) (“Life EV Nevada”) announced on April 17, 2023,
that the proposed exchange of shares of its capital stock for shares of Life Electric Vehicles, Inc. (“Life
EV Florida”) capital stock will move forward pursuant to an amended Share Exchange Agreement. The
shares exchanged by Life EV Florida’s shareholders will represent approximately 40% of Life EV
Florida’s equity.
Under the terms of the Share Exchange Agreement, 40% of each of the related shares of Life EV
Florida will exchange as follows: (i) each share of Life EV Florida’s common stock will be exchanged for a five year pre-funded warrant to acquire thirty-five shares of Life EV Nevada common stock (ii) each share of Life EV Florida’s Class FS Preferred Stock will be exchanged for one (1) share of Life EV Nevada Class FS Preferred Stock and (iii) each share of Life EV Florida Class A, B, C, D and E Preferred Stock will be exchanged for one (1) share of Life EV Nevada Class C Preferred Stock.
As a result of the share exchange, Life EV Florida will become a 40% owned subsidiary of Life EV
Nevada. The shareholders of Life EV Florida will own shares representing over 90% of the voting
power of Life EV Nevada.
You just watch, this thing is going to move. I have been in contact with the CEO and he has been holding back on news until some acquisitions are complete. This is going to be a very complete e-bike and e-scooter company built in the US. Prices right now are $1600 shipping is free.
It is my guess they do a forward split sometime soon although I have no proof.
Share Structure
Market Cap Market Cap
3,524,519
04/17/2023
Authorized Shares
750,000,000
04/01/2023
Outstanding Shares
7,077,347
04/01/2023
Restricted
6,000,000
04/01/2023
Unrestricted
1,077,347
04/01/2023
Held at DTC
475,526
04/01/2023
This looks interesting. I picked some up awhile back after Mr. Zen told me about the company.
Ebikes are huge in the U.S. right now. They have become very popular.
This is not only the hottest e bike company in America today it has an acquisition schedule to become the e transport king.... They have been overtly quiet since coming public to acquire other companies before announcing it.
last quarterly was old news but a foundation for what is coming very soon.
https://www.otcmarkets.com/otcapi/company/financial-report/365602/content
Yeah, will be a good one, I think
Nice one here
AND::: Held at DTC 475,526 04/01/2023
Market Cap 3,524,519 04/17/2023
You forgot the most important part:
About Life Electric Vehicles, Inc.: Life Electric Vehicles, Inc. is a Florida based corporation, involved in the design, manufacturing and commercialization of electric vehicles, with a current emphasis on electric bicycles eBikes. Electric bicycles have become the leading selling EV in both the USA and Europe. Life EV manufactures its products utilizing a foreign-trade zone process, eliminating duties and tariffs in most cases and allowing for a USA Certificate of Origin. Life Electric Vehicles, Inc.s leadership team has vast eMobility manufacturing experience having founded prior the USAs largest eBike manufacturer.
Life Electric Vehicles, Inc. has recently executed a Purchase Agreement to acquire a leading eBike brand with approximately $50mm in revenues in the prior 2 years. The closing is anticipated to occur in the next 45 days.
Life Electric Vehicles Holdings, Inc. Announces Share ExchangeAcquisition, Merger, Takeover Announcement | 04/17/2023
Life Electric Vehicles Holdings, Inc. (OTC Pink: LFEV) ("Life EV Nevada") announced on April 17, 2023, that the proposed exchange of shares of its capital stock for shares of Life Electric Vehicles, Inc. ("Life EV Florida") capital stock will move forward pursuant to an amended Share Exchange Agreement. The shares exchanged by Life EV Floridas shareholders will represent approximately 40% of Life EV Floridas equity.
Under the terms of the Share Exchange Agreement, 40% of each of the related shares of Life EV Florida will exchange as follows: (i) each share of Life EV Floridas common stock will be exchanged for a five year pre-funded warrant to acquire thirty-five shares of Life EV Nevada common stock (ii) each share of Life EV Floridas Class FS Preferred Stock will be exchanged for one (1) share of Life EV Nevada Class FS Preferred Stock and (iii) each share of Life EV Florida Class A, B, C, D and E Preferred Stock will be exchanged for one (1) share of Life EV Nevada Class C Preferred Stock.
As a result of the share exchange, Life EV Florida will become a 40% owned subsidiary of Life EV Nevada. The shareholders of Life EV Florida will own shares representing over 90% of the voting power of Life EV Nevada.
for a new company with a 7 million float the financials do not look that bad.
https://www.otcmarkets.com/otcapi/company/financial-report/363534/content
As the only US electric bike manufacturer I kinda think it's got a future.
Bikes are $1600 free ship.
Between August 3, 2022 and November 21, 2022, the Company raised $840,000 in
private placements to support Sierra eLife, Inc.’s operations.
Sierra eLife, Inc. generated $28,061 of revenues during the three months ended
November 30, 2022. In addition, the Company’s balance sheet as of November 30, 2022
reflected other current assets (consisting of approximately $686,000 of Deposits, $275,000 of
Related Party Notes Receivable and $70,000 of Finished Inventory) of $1,031,631.
The Company’s Consolidated Statement of Operations for the fiscal year ended
November 30, 2022 reflects total operating expenses of $309,523. The Company’s financial
statements are consistent with an operating business.
Based on the business conducted by the Company, the Company believes it ceased being
a shell company as of September 2, 2022 and has remained a non-shell company since such date.
For the period ending November 30, 2022 (the “Reporting Period”)
Outstanding Shares
The number of shares outstanding of our Common Stock was:
7,027,861 as of January 31, 2023
6,904,382 as of November 30, 2022
Cindy, check the website if it is not there call the company for your answer
Accounting firm Deloitte says 300 million electric bikes will be out on the world's roads by 2023, which is 50 percent more than today.
One reason: lithium-ion battery costs have dropped 87 percent between 2010 and 2019, and they're also much lighter than old e-bikes' lead-acid batteries.
In the U.S., e-bikes are not the juggernaut they are in some parts of the world, but bike sharing and people moving to urban areas will propel increased U.S. sales of e-bikes, too, according to Deloitte's predictions.
With an extensive number of new electric vehicles, it's no longer up for debate whether or not the future for the automotive industry is electric. Ford, Mercedes-Benz, Mazda, and so many others—in addition to numerous startups—are bringing new EVs to market between now and 2022 (this article was written in 2019). But electric transportation is not limited only to four wheels: e-bikes are experiencing incredible growth in sales. That's true not just in places like the Netherlands, where people have traditionally used bikes as a main form of transportation, but also in the U.S., where 400,000 e-bikes were sold in 2018—compare that to 185,000 sold here in 2013, according to Deloitte figures.
The accounting firm Deloitte's annual technology, media, and telecommunications report predicts that, globally, 40 million e-bikes will be sold and about 300 million will be out on the world's roads by 2023, including both personal bikes and those used for ride-sharing.
That’s a lot of e-bikes, and they are succeeding without any kind of futuristic design; e-bikes are traditional-looking bicycles with pedals, but the rider can choose to be aided by an electric motor using lithium-ion battery technology, as in EVs. These are lighter than the lead-acid batteries that most electric bikes used until a few years ago, and lithium-ion batteries are also getting cheaper, making e-bikes more affordable, too—priced somewhere from the cheapest ones at around $400 to the high four figures for high-end bikes. Add to that the fact that an e-bike uses very little electric power compared to a four-wheeled EV, and the popularity of this mode of transportation becomes clearer.
Those numbers predictions from Bloomberg New Energy Finance (BNEF) and the International Energy Agency (IEA) predict that in 2025, there will be 10 million and 12 million electric vehicles sold worldwide, respectively. The IEA has also said that it pictures 125 million electric vehicles on the road by 2030.
Granted, e-bikes are a fraction of the cost of a new electric vehicle, with the former costing around $1500, and the latter often costing north of $45,000. But Deloitte’s prediction is a testament to the changing lithium-ion battery technology, including the increases in efficiency and the lowering of prices to where the everyday consumer—not just early adopters—would consider buying one. Between 2010 and 2019, battery prices dropped by 87 percent, according to BNEF, which also predicts that prices will fall another 50 percent by 2023.
Those price deductions are inevitably have an impact on the price of electric vehicles and the potential demand for them. The demand for e-bikes could make its way to electric vehicles as more people become accustomed to the technology and what it offers.
Another big reason for the prediction of increased e-bike sales is that more and more people are moving to urban areas where they're more useful in getting around, Jeff Loucks, executive director of Deloitte's Technology, Media, and Telecommunications center, told The Verge.
We're all well aware by now that automakers are betting big on an electric-vehicle future. VW has announced that it will spend $66 billion in the next half decade on electrification and new digital technology. Ford said in 2018 that it will invest $11 billion in electrification by 2022. And GM recently announced a $2.3 billion investment in a battery factory in Ohio. But they—and we—will increasingly be sharing the roads and the electricity with e-bikes.
Colin Beresford, a born and raised metro Detroiter, has been surrounded by the auto industry his entire life. For most of his formative years, he didn’t know who in their right mind would drive anything but an American-made car. He’s passionate about all the ways that people get around, even if it doesn’t involve a car or a driver. What he looks for in a vehicle is simple: it needs to be able to get him where the skiing, climbing, backpacking, or fly fishing is.
Should see a quarterly report soon, I think the numbers are going to surprise many people
still an unknown little stock that is staying quiet until it is off the pinkies
As of November 30, 2021, the number of shares outstanding of our Common Stock was: 6,904,382
Life Electric Vehicles Holdings, Inc. business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader for the American micro-mobility market. In addition to ready-to-ride electric vehicles, the issuer plans to be a supplier of the individual components including motors, batteries, chargers, controllers, and EV parts to 3rd party manufacturers and for distribution not only in the USA but worldwide. The first proposed acquisition is to complete an equity stake in Life Electric Vehicles, Inc., aka Life EV, a related company which is the majority shareholder of the issuer. Life EV has established its own brand and is a full-service USA manufacturer of Light Electric Vehicles, with a 32,000 square foot manufacturing facility in Florida. Life EV holds multiple trademarks and 2 USPTO approved Patents with additional Patents planned. In addition to Life EV, the issuer and/or its affiliates continue to be in negotiation to acquire multiple e-bike and e-scooter companies in a roll-up fashion having recently signed four letters of intent to acquire either a controlling interest or 100% equity in these companies with the majority of these brands ebikes to be manufactured in the USA with Life EV.
Where e-bikes and light electric vehicles are becoming a leading form of transportation in the World, most e-bikes sold in the United States are imported from Asia.
Importing e-bikes and similar vehicles from Asia may carry added duties & tariffs, middle layer margins, increased freight in addition to inconsistency in components, damaged shipments, quality control issues, sourcing delays, and the freshness of inventory as pre-built e-bikes’ batteries age.
The founders of Life EV are considered leading experts in the industry having originally founded the largest USA manufacturer of e-bikes under FTZ production in the United States during the past decade. Life EV, the manufacturer acquired key assets from that enterprise in the year 2020.
Designing and developing proprietary LEVs in the USA and sourcing components direct from the world’s leading suppliers and fabricators at the component level eliminates the middle margins and allows for a consistently higher quality product at lower cost with better availability. Production in the USA allows for reduced freight cost, real-time customization, and superior just-in-time fulfillment with no seasonal price reductions required.
https://lifeevgroup.com/
Life Electric Vehicles Holdings, Inc. dba Life EV Group is a light electric vehicle company, incorporated in Nevada and headquartered in Broward County, Florida USA. Having recently undergone the transition into becoming a publicly traded company, we are in the launching and acquisition phase. Our business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market. In addition to ready-to-ride electric vehicles, we will be a supplier of individual components including motors, batteries, chargers, controllers, and EV parts to 3rd party manufacturers and for distribution not only in the USA but worldwide.
The first acquisition is to complete an equity stake in Life Electric Vehicles, Inc., aka Life EV, a related company that is the majority shareholder of Life EV Group.
Life EV has established its own brand and is a full-service USA manufacturer of light electric vehicles, with a 32,000 SF manufacturing facility in Florida, USA. Life EV holds multiple trademarks and 2 USPTO-approved Patents with additional Patents planned.
In addition to proprietary brands, Life EV Group continues to be in negotiation to acquire multiple e-bike and e-scooter companies in a roll-up fashion having recently signed 4 Letters of Intent to acquire either a controlling interest or 100% equity in these companies.
These companies, upon being acquired, will have their design, development, and production moved to the USA, and eBikes manufactured by our related company, Life EV, under an FTZ process on US soil. The components will be supplied at the direct fabrication level from the industry’s leading worldwide suppliers, allowing for better quality, pricing, and tariff controls. Inventory control, assembly, quality control, and distribution will be fulfilled under the same roof for all brands. This will result in reducing overhead and simplifying production and distribution for each brand.
Still way under the radar but with this share structure and company potential it will not take much to move it.
(Off Topic) He has been doing this for over 10 years, he is a psychopathic fool that once tried to con Bruce out of $70k for a stock promotion, and management around here will do nothing about it. He will not give up so if you take that on do it as a game and do not get frustrated because this is his life, as sad as it is.
Due to a long standing disagreement with the management of Investors-Hub I am removing myself as moderator, I still hold a position in this company and do not see exiting that position any time soon.
That's great news!............
Z
I finally got to talk to the CEO for about 45 minutes Saturday afternoon, he has been out straight and like I said earlier I did sign a nondisclosure so that I could stay on top of everything.
So here is what I can disclose.
He is not very strong on sending out press releases on LOI's and will wait until the deals are finalized and the company has moved off the pinks to the OTC which is in process, that takes a while.
Production at his factory is strong and the profit margin is certainly acceptable from what I could gather.
He has lofty goals and has the approach to attain it.
There are more electric bikes being sold that electric cars right now.
The otcmarkets site is wrong
the float is correct at 502,592 07/15/2022
but the Total shares authorized: 750,000,000 as of date: August 31, 2022
Total shares outstanding: 6,904,382 as of date: August 31, 2022
Number of shares in the Public Float: 502,592 as of date: August 31, 2022
Total number of shareholders of record: 371 as of date: August 31, 2022
Personally, I am in this one for the long haul and I would suggest you take a position before December if you are interested.
you may want to visit the company web site for a better understanding
https://www.lifeelectricvehicles.com/
I consider this one of those rare opportunities in the new to the public market place category.
Share Structure
Market Cap 5,308,010 11/01/2022
Authorized Shares 25,000,000 07/01/2022
Outstanding Shares 7,077,347 07/01/2022
Restricted 6,000,000 07/01/2022
Unrestricted 1,077,347 07/01/2022
Held at DTC 475,526 07/01/2022
Float 502,592 07/15/2022
FULL DISCLOSURE I have signed a non disclosure agreement with this company and may or may not know information that is not public. All information posted by me here is public information without speculation. Don't even ask.
Sounds good.......pls let us know what the CEO has to say..........
Z
I would expect some sort of funding through shares in the near future, the share structure is far too thin to provide a good base, this is classed as a shell so 144 shares (shares for services or funding) will have a 1 year hold period rather than the usual 6 months for none shell companies.
I have made three phone calls over the past week and they have gone unanswered, so the IR department is a figment, and a little early for a strong IR department anyway.
My main concern here is the advancement to the OTC, they will need to do some quarterlies and how strong they are in that avenue remains to be seen.
I will be in contact with the CEO early next week, most of my research is done over the telephone to the people at the top, gives me a better idea of the present rather than trailing indicators and numbers..
20 Now.............
Z
#DDAmanda Halloween Special: https://ddamanda.com/SignUpHalloween175.php
Mr. Zen Got your msg regarding Bruce. I don't have PM abilities, so I am not able to respond. Thanks for the link to this board tho!
19 followers already, I just set this board up..
a couple of things
first the float is so tiny that sitting on the bid will get you nowhere, it took me about a month to get 50,000 shares
second we do not know when they will release the hounds on this one, it could be a couple of months so a quick hit may not be in the cards for momentum players..
the time to do your due is now!
Share Structure
Market Cap 5,308,010 11/01/2022
Authorized Shares 25,000,000 07/01/2022
Outstanding Shares 7,077,347 07/01/2022
Restricted 6,000,000 07/01/2022
Unrestricted 1,077,347 07/01/2022
Held at DTC 475,526 07/01/2022
Float 502,592 07/15/2022
Grabbed another 10k @ .75 today, rest of my order sits... IR is non existent in this company and phone calls do not get returned.... too early for IR anyway, wait till they announce going public. very very early days for a 7 million float company.
Life Electric Vehicles Holdings, Inc. dba Life EV Group is a light electric vehicle company, incorporated in Nevada and headquartered in Broward County, Florida USA. Having recently undergone the transition into becoming a publicly traded company, we are in the launching and acquisition phase. Our business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market. In addition to ready-to-ride electric vehicles, we will be a supplier of individual components including motors, batteries, chargers, controllers, and EV parts to 3rd party manufacturers and for distribution not only in the USA but worldwide.
The first acquisition is to complete an equity stake in Life Electric Vehicles, Inc., aka Life EV, a related company that is the majority shareholder of Life EV Group.
Life EV has established its own brand and is a full-service USA manufacturer of light electric vehicles, with a 32,000 SF manufacturing facility in Florida, USA. Life EV holds multiple trademarks and 2 USPTO-approved Patents with additional Patents planned.
In addition to proprietary brands, Life EV Group continues to be in negotiation to acquire multiple e-bike and e-scooter companies in a roll-up fashion having recently signed 4 Letters of Intent to acquire either a controlling interest or 100% equity in these companies.
These companies, upon being acquired, will have their design, development, and production moved to the USA, and eBikes manufactured by our related company, Life EV, under an FTZ process on US soil. The components will be supplied at the direct fabrication level from the industry’s leading worldwide suppliers, allowing for better quality, pricing, and tariff controls. Inventory control, assembly, quality control, and distribution will be fulfilled under the same roof for all brands. This will result in reducing overhead and simplifying production and distribution for each brand.
Anyone, Anyone that knows how to research should be impressed with the potential
with Unrestricted 1,077,347 07/01/2022 given time this should be a ten bag
$LFEV: Name changed from $CTON
Buy them ONLINE...................
https://www.lifeelectricvehicles.com/products/genesis-r-400
GO $LFEV
****************************************************************************
This public entity has just been folded into a full blown electric bike factory in Fort Lauderdale, and the CEO holds (I think) 60% of the float
https://www.lifeelectricvehicles.com/
Pay attention here!
LFEV Security Details
Share Structure
Market Cap 6,369,612 07/11/2022
Authorized Shares 25,000,000 07/01/2022
Outstanding Shares 7,077,347 07/01/2022
Restricted 6,000,000 07/01/2022
Unrestricted 1,077,347 07/01/2022
Held at DTC 475,526 07/01/2022
Float Not Available
Second Street Capital, CTON, changed to Life Electric Vehicles Holdings Inc., LFEV:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Well!!! lets put that in perspective of
https://www.lifeelectricvehicles.com/
new major shareholder owns the manufacturing plant
Market Cap 6,009,117
02/28/2022
Authorized Shares 25,000,000
09/15/2021
Outstanding Shares 7,069,549
09/15/2021
Two months of bid sitting has built a pile in the port, but it does not trade much... yet!
Second Street Capital, Inc. Announces Reincorporation and Name Change Acquisition, Merger, Takeover Announcement | 02/28/2022
February 28, 2022
OTC Disclosure & News Service
Deerfield Beach, FL —
Second Street Capital, Inc. (OTC Pink:CTON) (the "Company") announced today that it has completed the reincorporation of the Company from the State of New Jersey to the State of Nevada. The reincorporation changes the law applicable to the Companys affairs from New Jersey to Nevada and was accomplished by the merger of the Company with and into its wholly owned subsidiary, Life Electric Vehicles Holdings, Inc., a Nevada corporation. As a result of the merger, the Companys name has been changed to Life Electric Vehicles Holdings, Inc. and the separate existence of Second Street Capital, Inc. has ceased. Holders of common stock of Second Street Capital, Inc. will receive one share of common stock of Life Electric Vehicles Holdings, Inc. for each share of Second Street Capital, Inc. that they hold without any action of shareholders required.
The change in the Companys name and a proposed change in the trading symbol for the Companys Common Stock is currently being processed by FINRA. The Company will continue to file reports with OTC Markets under the name Second Street Capital, Inc. until the processing of the name change is completed by FINRA.
About Life Electric Vehicles Holdings, Inc.: Life Electric Vehicles Holdings, Inc., a Nevada corporation, is the successor to Second Street Capital, Inc., a New Jersey corporation previously involved in organizing loan facilities for small and medium-sized businesses, as an alternative to traditional bank loans. The Company has no current operations. The Company underwent a change of control in September 2021 with Life Electric Vehicles, Inc. having acquired approximately 71% of the Companys outstanding common stock. The Company previously announced its plan to acquire Life Electric Vehicles, Inc. by way of a share exchange following the reincorporation of the Company in Nevada. The share exchange is expected to be completed in March 2022.
A 12 to 16 month hold before any real share price increase, they could hold off 12 months until all those restricted shares come loose from the shell, but my guess is they want to raise money through the sale of those shares.
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Life Electric Vehicles Holdings, Inc. dba Life EV Group
is a light electric vehicle company, incorporated in Nevada and headquartered in Broward County, Florida USA. Having recently undergone the transition into becoming a publicly traded company, we are in the launching and acquisition phase. Our business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market. In addition to ready-to-ride electric vehicles, we will be a supplier of individual components including motors, batteries, chargers, controllers, and EV parts to 3rd party manufacturers and for distribution not only in the USA but worldwide.
The first acquisition is to complete an equity stake in Life Electric Vehicles, Inc., aka Life EV, a related company that is the majority shareholder of Life EV Group.
Life EV has established its own brand and is a full-service USA manufacturer of light electric vehicles, with a 32,000 SF manufacturing facility in Florida, USA. Life EV holds multiple trademarks and 2 USPTO-approved Patents with additional Patents planned.
In addition to proprietary brands, Life EV Group continues to be in negotiation to acquire multiple e-bike and e-scooter companies in a roll-up fashion having recently signed 4 Letters of Intent to acquire either a controlling interest or 100% equity in these companies.
These companies, upon being acquired, will have their design, development, and production moved to the USA, and eBikes manufactured by our related company, Life EV, under an FTZ process on US soil. The components will be supplied at the direct fabrication level from the industry’s leading worldwide suppliers, allowing for better quality, pricing, and tariff controls. Inventory control, assembly, quality control, and distribution will be fulfilled under the same roof for all brands. This will result in reducing overhead and simplifying production and distribution for each brand.
_________________________________________________________________________________
The light electric vehicle industry, mainly e-bikes is fast becoming the leading form of EV sales not only in the United States but in Europe as well *1.
Electric 2-wheel and 3-wheel products, including micro-mobility, are a perfect form of personal transportation. E-bikes do not require registrations, insurance, or licenses and can ride wherever traditional bicycles can ride. E-delivery vehicles, when developed as e-bikes or e-trike, also follow traditional bicycle regulations and are the perfect delivery option for metropolitan areas.
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