EV Technology Group Announces Platform for Sustainability, Setting the Stage for Further ESG Investment

Outside of de-carbonization: EV Technological know-how Group also supports significant-high-quality work in nearby communities and company governance most effective methods

TORONTO, Might 26, 2022 (World NEWSWIRE) — EV Technological innovation Team Ltd. (“EV Technological innovation Team”, “EVT Group” or the “Firm”) (NEO: EVTG, DE:B96A) released its sustainability system these days, which include an articulation of its ESG aspirations and purpose — to generate the adoption of electrical vehicles (“EVs”). EV Engineering Group’s sustainability platform outlines how it designs to support decarbonization and its solution to conquering environmental, societal and governance troubles that can create obstructions to reducing CO2 emissions. EV Technology Group is top the way for favourable alter in this area by way of strategic investments in electrical car or truck models and invitations even further ESG trader desire in the Company’s growth tale. The thorough system is obtainable for download nowadays on EV Technology Group’s website at: https://evtgroup.com/sustainability-system 

EV Technology Group’s sustainability system commences with its commitments to the atmosphere — notably to reimagine present internal combustion motor (“ICE”) vehicles as EVs, therefore contributing to de-carbonization. EV uptake, to date, has mostly been amongst early adopters who are enthusiastic to be at the vanguard of transform.

For fans of automotive encounters, for whom driving is about considerably more than receiving from position A to B, the homogeneity of quite a few EV patterns is a barrier to adoption. By assisting to convey iconic makes these as the MOKE to the electric age, EV Technologies Group’s solutions pace over-all EV adoption by bringing the following wave of consumers from ICE to electrical. Going forward, EV Engineering Group’s environmental ambitions are not restricted to de-carbonization, as the Organization seeks to employ sustainable procurement and supply chain procedures, and explore use of NFTs to safeguard environmental criteria.

“With transport accounting for much more than 20% of full CO2 emissions, and road transport more than 70% of that, the relevance of shifting absent from interior combustion engines simply cannot be overstated,” explained Wouter Witvoet, Founder and CEO of EV Technological innovation Group. “We believe that car enthusiasts will only transform to electric powered motor vehicles when they assure the character, special model and visceral driving pleasure traditionally sent by iconic typical car or truck makes. In this feeling, as an EV pioneer, EV Know-how Group has sustainability at its really core. We are also decided to preserve the best specifications in conditions of both equally our societal influence and corporate governance.”

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EV Technological know-how Group’s sustainability platform also has a apparent concentration on social and governance commitments. By means of its investments, the Corporation will maintain communities and the abilities and know-how that will aid them thrive into the foreseeable future. As a business outlined publicly on the NEO and Frankfurt Exchanges, EV Know-how Group transparently adheres to all governance reporting benchmarks expected by these exchanges and is dedicated to put into practice knowledge security and privateness clauses for its prospects.

Beyond de-carbonization: EV Technologies Team also supports significant-quality work in regional communities and company governance greatest procedures

EV Engineering Group’s sustainability system sets the phase to articulate an ESG eyesight — particularly for the expanding pool of buyers who prioritize contributing money to firms that contribute to a decreased-carbon long run. The system also discloses the foreseeable future ambitions of the Corporation to go on strengthening its ESG qualifications in excess of time. Through this approach, EVT Group positions alone as a chief in supporting greener transportation and a carbon-neutral earth, and is supporting these worldwide efforts by building EVs that people want to generate.

EV Technologies Group 
EV Technology Team was started in 2021 with a vision of electrifying legendary manufacturers — and a mission of redefining the joy of motoring for the electrical age. By obtaining iconic brand names and bringing beloved motoring activities to the electrical age, EVT Group is driving the EV revolution forward. Backed by a diversified team of passionate business people, engineers and driving lovers, EVT Group creates benefit for its shoppers by owning the overall consumer encounter — acquiring and partnering with legendary brand names with sizeable growth potential in exceptional markets, and controlling stop-to-finish abilities. To discover much more pay a visit to: https://evtgroup.com/

Media
Rachael D’Amore
[email protected] 
+1519-564-9850

Investor Relations
Dave Gentry
[email protected] 
+14074914498

EV Technological innovation Group
Wouter Witvoet
CEO and Chairman of the Board
[email protected]

Forward-Searching Data

This information launch consists of ahead-searching statements which includes, but not confined to, EV Technological know-how Group’s ESG platform potential investments in EV manufacturers EV Know-how Group operations, anticipations, and upcoming actions. Typically, but not normally, these Forward-wanting Statements can be determined by the use of terms these as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be accomplished and related expressions, such as negative variants.

Ahead-hunting statements involve regarded and mysterious pitfalls, uncertainties and other factors which might lead to the true effects, efficiency or achievements of the Company to be materially unique from any final results, performance or achievements expressed or implied by the Forward-wanting Statements, which includes those variables talked about less than “Risk Factors” in the submitting statement of the Company. Though the Organization has tried to identify critical components that could lead to real actions, situations or benefits to differ materially from individuals described in Forward-searching Statements, there may possibly be other components that bring about steps, activities or success to differ from all those expected, estimated or meant.

Forward-on the lookout statements contain major possibility, uncertainties and assumptions. Numerous components could lead to genuine benefits, performance or achievements to vary materially from the benefits mentioned or implied in the ahead-hunting statements. These aspects ought to be viewed as diligently and audience ought to not area undue reliance on the ahead-wanting statements. Although the ahead-looking statements contained in this information launch are based on what administration thinks to be fair assumptions, the Enterprise can’t guarantee readers that real final results will be steady with these forward-hunting statements. The forward-wanting statements contained herein are designed as of the day hereof and the Firm disclaims any obligation to update any forward-on the lookout statements, no matter if as a end result of new info, upcoming functions or benefits or otherwise, except exactly where required by regulation. There can be no assurance that these forward-seeking statements will demonstrate to be accurate, as real results and long term functions could differ materially from those anticipated in this kind of statements. Appropriately, audience need to not position undue reliance on forward-looking statements.

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