LAS VEGAS, Nev., Nov. 17, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Company's e-Go Electric Vehicle To Be Showcased In Las Vegas; Electric Luxury Sedan To Follow
2050 Motors, Inc. (OTCQB: ETFM), an emerging company in the carbon fiber vehicle industry, announced today that the first all carbon fiber electric vehicle, the e-Go Electric Vehicle (EV), arrived in the United States last week. The e-Go, due to its lightweight carbon fiber body and all aluminum space age racing frame, has the pedigree to become the world's most efficient automobile weighing under 1,500 lbs including its battery pack. The e-Go's big brother, the Ibis, a full size luxury sedan, is expected arrive soon. The styling of the all carbon fiber Ibis rivals the best European high-end sedans.
Both electric vehicles are to be showcased in Las Vegas to a private industry audience, and then opened to the general public for viewing. Both vehicles will carry impressive warranty items including a 10-year (unlimited mileage) warranty on their lithium battery packs.
"Earlier this year, both the e-Go EV and the Ibis received rave reviews when they revealed the manufacturing facilities for the e-Go EV to a Chinese audience," stated Michael Hu, President of 2050 Motors. "The China manufacturing plant features the most modern robotic machines and carbon fiber manufacturing tooling, and the unveiling was covered by national TV news media and many publications. We are excited to make our entrance into the American market, and anticipate another successful event." A sequential video to the grand opening of the facility can be viewed at http://youtu.be/wih8_xxZNgA To see pictures of both vehicles that were showcased at the Shanghai Auto Show visit http://www.2050motors.com/shanghaishow.html
About 2050 Motors, Inc.
2050 Motors, Inc. ( http://www.2050motors.com and http://www.etfm.com ), is a publicly traded company incorporated in Nevada in 2012. 2050 Motors was founded to import, market, and sell electric and gas powered carbon fiber vehicles engineered and designed in Italy and China. 2050 Motors also has the rights to assemble these vehicles in the United States as a future enterprise. 2050 Motors has entered into an agreement with Jiangsu Aoxin New Energy Automobile Co., Ltd., located in Jiangsu, China, for the distribution in the United States of a new electric automobile, known as the e-GO EV (electric vehicle). The e-Go EV is a revolutionary new concept in the ever evolving world of electric vehicles. It will be the only production line electric car with a carbon fiber body and parts manufactured by a new process using robotic machines which significantly reduces the fabrication time and cost of carbon fiber components. The e-Go EV will seat five passengers, have a long battery life, and high energy efficiency rating up to 150+ MPG-E energy equivalent in urban driving due to the light weight of the vehicle. The company is fully reporting under the SEC EDGAR system.
Disclosure Statement
Statements in this press release about our future expectations, including without limitation, the likelihood that 2050 Motors will be able to leverage capital markets to execute its growth strategy, meet US DOT requirements, meet minimum sales expectations, will be successful and profitable in the US market, and will bring significant value to 2050 Motors' stockholders, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and our actual results could differ materially from expected results. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
Contact: George Hedrick VP North American Operations 2050 Motors, Inc. Tel. (702) 591-6029
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2050 Motors George Hedrick +1 7025916029
