RONN Motor Group, Inc. Signs Agreement With Arbor Lake Capital, A Leading Chinese M&A Advisory and Investment Group NEWS PROVIDED BY
Ronn Motor Group, Inc. Jun 28, 2018, 00:15 ET
RONN Motor Group, Inc. Signs Agreement With Arbor Lake Capital, A Leading Chinese M&A Advisory and Investment Group NEWS PROVIDED BY
Ronn Motor Group, Inc. Jun 28, 2018, 00:15 ET
SCOTTSDALE, Ariz. (PRWEB) June 27, 2018 -- RONN Motor Group, Inc. (RONN), developers of all-electric hydrogen fuel cell, zero emission, long range transportation platforms, announced today that they have signed an agreement with Arbor Lake Capital to represent RONN on a Joint Venture (JV) and capital raising efforts in China and in the U.S. markets. With a total of $220B invested overseas in 2016, China has become the second largest entity in the world regarding foreign investment. As one of the most experienced boutique cross-border investment banks in China, Arbor Lake Capital is well positioned to serve as the portal for the rest of the world's companies to access Chinese capital and the Chinese market.
“We have just returned from a trip to China with Kevin Hong, Founder and CEO of Arbor Lake Capital,” said Ronn Ford, Chairman and CEO of RONN Motor Group. “We are now actively engaged in MOU/JV negotiations with a major Electric Vehicle (EV) automaker who possesses EV licenses and a state-of-the-art manufacturing capacity of 500,000 EVs annually.
“Ronn’s extensive knowledge and executive team experience in automotive development, manufacturing, and hydrogen technology has accounted for the instant JV offers and MOU terms being discussed within a week of our return from China,” said Kevin Hong, Founder/CEO of Arbor Lake Capital.
Well since Zero Revenue was reported from 2021-2024 what ever happened with the MOU for the China deal?
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