2050 Motors, Inc. Announces All Carbon Fiber Electric E-Go Passes Frontal Crash Test With Impressive Results
Las Vegas, Nevada (PRWEB) February 12, 2016 -- Michael Hu, President of 2050 Motors, Inc. (OTCQB: ETFM), announced today that the first all carbon fiber electric vehicle (the e-Go EV) has commenced crash testing in China and has successfully passed the frontal crash test with amazing results.
The crash tests are being conducted according to European, Japanese and Chinese crash test standards. A GIF file of the actual moving sequence of an e-Go car in a frontal crash test at 35 miles per hour in slow motion reveals that the vehicle substantially returned to its original shape after the test. A photograph of the front of the vehicle shows minimal damage after the test. The amazing sequence can be viewed at http://www.2050motors.com/cars.html A more complete report on the crash tests will be announced in a separate press release.
Mr. Hu commented on the results, “This means that the carbon fiber body absorbed the full force of the collision and returned to its original shape. I believe that no other automobile for the consumer market has ever displayed such a frontal crash resilience and shock absorbance of energy.”
Mr. Hu further stated, “In 2015, the e-Go was re-engineered through extensive state-of-the-art computer crash test analysis. Then, 22 demo e-Go vehicles were delivered to the Chinese government for months of testing to obtain the production and export permits for the Yancheng automobile plant.”
Later this year, 2050 Motors will proceed with the US DOT (Department of Transportation) crash test program for the e-Go before it can be sold in the United States.
2050 Motors will initially sell and distribute the e-Go built from the Yancheng plant in China and then later start assembly of the e-Go in Las Vegas, Nevada. The construction plans for the 2050 Motors assembly facility in the United States have been progressing for many months and will create numerous high paying jobs. Please see the press release dated January 20, 2016 titled “2050 Motors, Inc. Announces Launch of New Corporate Website Including Job Creation Plans” for further info.
The e-Go's big brother, the Ibis – an all carbon fiber all electric luxury sedan – is also being considered for production in the United States. Both the e-Go and Ibis are being showcased in Las Vegas from February 12 through February 22, 2016. Please see the press release dated January 26, 2016 titled “2050 Motors, Inc. Media Event Picks Up Speed” for details on visiting hours.
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 develop and produce the next generation of clean, lightweight, efficient vehicles and its associated technologies. Some of these technologies include alternative renewable fuels, hybrid electric vehicles, advanced graphene lithium batteries and carbon fiber low cost vehicles. 2050 Motors has been successful in forming long term relationships and exclusive contracts for a variety of game changing technologies. 2050 Motors 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 four 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 five passenger carbon fiber luxury sedan Ibis EV, the e-Go's big brother, will also be showcased along with the e-Go EV for future sales in the United States. See videos of completion of the e-Go EV manufacturing plant at https://www.youtube.com/watch?v=wih8_xxZNgA and the unveiling of the e-Go EV at the 2014 Shanghai Auto Show http://www.2050motors.com/shanghaishow.html . 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.
(702) 591-6029
info(at)2050motors(dot)com
George Hedrick, 2050 Motors, http://www.2050motors.com, +1 7025916029, [email protected]
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