English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 19 October 2021, 19:10 HKT/SGT
Share:
    

Source: Ev Dynamics (Holdings) Limited
Ev Dynamics Delivers Over 70 Electric Minibuses to the Philippines

HONG KONG, Oct 19, 2021 - (ACN Newswire) - Ev Dynamics (Holdings) Limited (the "Company", Stock Code: 476, together with its subsidiaries, collectively "Ev Dynamics" or the "Group"), a provider of new energy vehicles and integrated technology solutions, has already delivered over 70 units of 6.5-meter COMET electric minibuses to the Philippines.

Ev Dynamics' Chongqing plant is at full steam to meet increasing overseas order volumes

Ev Dynamics will provide not less than 500 units of the 6.5-meter COMET electric minibus to the Philippines and Malaysia by March 2023

Ev Dynamics is fully armed to complete sales orders from the Philippines and overseas markets

The delivery is part of the long-term supply agreement signed in March 2021 between the Company and GET Worldwide Inc. ("GET Worldwide"), following the first batch of COMET electric minibuses supplied to Metro Manila and Davao, the Philippines in December 2020. Under the supply agreement, the Company will provide GET Worldwide no fewer than 500 vehicle units within 24 months from the effective date of the agreement. The electric vehicles will be mainly used in the Philippines and Malaysia.

Freddie Tinga, CEO of GET Worldwide, said: "The Philippines alone could have a demand of at least 100,000 units of this type of vehicle. We have to replace over 300,000 old gasoline mini-buses (Jeepneys)."

Miguel Valldecabres Polop, CEO of Ev Dynamics, said: "Our production plant in Chongqing, which boasts sufficient capacity and advanced technologies, has been operating at full steam to meet the increasing volume of overseas orders. Though our production schedule and fulfilment of orders have been interrupted by the COVID-19 pandemic, our output has been picking up steadily thanks to the reliable supply chains in the PRC. We are confident that we can complete the sales orders from the Philippines and other orders for e-platforms and e-buses elsewhere overseas. The future is very promising for our Company."

John Ma, COO of Ev Dynamics, said: "The COMET is the outcome of 3 years of hard development of our R&D team. The task was to create a vehicle with a very low cost and top technology. The COMET has a complete powertrain developed by the Company and most important the VCU (Vehicle Control Unit) or the brain that operates the complete bus."

For the European market, the Company's 12-meter E-Bus model has passed the homologation tests of the Economic Commission of Europe. Leveraging the business network and experience of strategic partner Quantron AG, the Group believes the high-performing and environmentally friendly bus will be welcomed in the European market as a solution to replace diesel buses currently in use.

In addition, the Group has secured a sizable order for 12-meter e-platforms and 12-meter city buses from Latin America.

About Ev Dynamics (Holdings) Limited (Stock Code: 476)
Ev Dynamics (Holdings) Limited is a pioneer and a prominent player in China's new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power systems and their key components. The Group has a production base in Chongqing and it has developed its sales network in Mainland China, Hong Kong, Asia Pacific and South America.

Media Enquiry
Strategic Financial Relations Limited
Phoebe Leung +852 2114 4172 phoebe.leung@sprg.com.hk
Brigid Lee +852 2114 4313 brigid.lee@sprg.com.hk
Website: www.sprg.com.hk



Topic: Press release summary
Source: Ev Dynamics (Holdings) Limited

Sectors: Automotive, Energy
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Ev Dynamics (Holdings) Limited Releated News
Dec 1, 2021 17:02 HKT/SGT
科轩动力公布强劲销售业绩及业务增长
Dec 1, 2021 17:01 HKT/SGT
科軒動力公佈強勁銷售業績及業務增長
Dec 1, 2021 17:00 HKT/SGT
Ev Dynamics Announces Robust Sales Performance and Business Growth Progress
Oct 19, 2021 19:11 HKT/SGT
科軒動力向菲律賓交付超過70輛電動小巴
Oct 7, 2021 18:15 HKT/SGT
科轩动力12米电动巴士通过欧洲认证
More news >>
Copyright © 2021 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575