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Saturday, 08/19/2023 9:43:51 AM

Saturday, August 19, 2023 9:43:51 AM

Post# of 463
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, holding multiple trademarks and 2 USPTO approved Patents with additional Patents approved. In addition, Life EV recently completed the acquisition of Serial 1 Cycle Company, LLC.

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