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Wednesday, December 09, 2020 10:49:05 AM
GWSO - Entered EV conversion market - fully owned subsidiary Alterna, partnering with European based Classic Electro - to install universal electric kits that will transform conventional cars into EV’s.
I'm not making this up. Think about how many conventional cars there are to be converted to electric.
https://www.otcmarkets.com/stock/GWSO/news/Global-Warming-Solutions-Inc-enters-highly-profitable-electric-vehicle-conversion-markets?id=282278
Jacksonville, Florida, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Global Warming Solutions Inc., (OTC MARKETS: GWSO), through It’s fully owned subsidiary: Alterna Motors, LLC. announced today that it has entered the lucrative EV conversion market with a cost-effective retrofitting solution for e-mobility.
Alterna Motors is partnering with European based; Classic Electro LLC., to install universal electric kits that will transform conventional cars into EV’s.
“We have been looking for a strategic partnership in Eastern Europe for quite some time now and have finally found it. The transportation sector is the largest producer of greenhouse gases, and the rise of electric cars will help to combat this. The German government wants to establish themselves as the leading supplier of electric mobility. California is also set to phase out the sale of all gasoline-powered vehicles by 2035 in a bid to lead the U.S. in reducing greenhouse gas emissions by encouraging the state's drivers to switch to electric cars. Also, the U.K. plans to ban sales of gasoline- and diesel-powered passenger cars in 2035.
The French government is currently planning to eliminate gas and diesel cars by 2040. Norway has also aimed to do the same in 2025. Trying to build an electric car company requires a lot of time and money. The retrofitting of certain model passenger cars and commercial fleets, as well as vintage cars, is an intelligent and quicker way to enter the industry. That’s why we have chosen Classic Electro LLC. as our partner. They have a strong background and experience in building the products and delivering them to the customers.” said Vladimir Vasilenko, CEO of Global Warming Solutions, Inc.
The company is looking to open its own retrofitting centers or create special arrangements with Auto Repair Shops by the beginning of 2021. Germany will be the first market the company plans to enter.
"The markets for used electric vehicles that are subject to environmental improvement meeting the level of electric transport are multiplying before our eyes. My company since 2018 has been engaged in the conversion process. We know this market well, and with the support of Alterna Motors we can expand exponentially and take the leading position in the EV space,” stated Sergey Zhiltsov, CEO of Classic Electro LLC.
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