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

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

  • Technology
  • May 26, 2022
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  • 11 minutes read


EV TECHNOLOGY GROUP INC.

EV TECHNOLOGY GROUP INC.

Beyond decarbonisation: EV Technology Group also supports high-quality employment in local communities and best corporate governance practices

Beyond decarbonisation: EV Technology Group also supports high-quality employment in local communities and best corporate governance practices

Beyond decarbonisation: EV Technology Group also supports high-quality employment in local communities and best corporate governance practices

TORONTO, May 26, 2022 (NEWSWIRE GLOBE) – EV Technology Group Ltd. (“EV Technology Group“,”EVT Group“or the”Company”) (NEO: EVTG, DE: B96A) today launched its sustainability platform, which includes an articulation of its aspirations and ESG purpose: to drive the adoption of electric vehicles (“EVs”). EV Technology Group’s sustainability platform describes how it plans to support decarbonisation and its approach to overcoming environmental, social and government issues that can create barriers to eliminating CO2 emissions. EV Technology Group is leading the way to positive change in this space through strategic investments in electric vehicle brands and invites more interest from ESG investors in the company’s growth history. The detailed platform can be downloaded today from the EV Technology Group website at: https://evtgroup.com/sustainability-platform

EV Technology Group’s sustainability platform begins with its commitment to the environment, especially to reimagine the existing internal combustion engine (“GEL”) As electric vehicles, thus contributing to decarbonization. The adoption of electric vehicles, so far, has been largely among the first adopters who are excited to be at the forefront of change.

For lovers of automotive experiences, for whom driving is much more than going from point A to B, the homogeneity of many electric vehicle designs is a barrier to adoption. By helping to bring flagship brands such as MOKE into the electric age, EV Technology Group products accelerate the general adoption of electric vehicles, bringing the next wave of ICE consumers to electric ones. Looking to the future, EV Technology Group’s environmental ambitions are not limited to decarbonization, as the company seeks to implement sustainable purchasing and supply chain practices, and explore the use of NFT to safeguard environmental standards.

“With transportation accounting for more than 20% of total CO2 emissions and road transport more than 70% of that, the importance of moving away from internal combustion engines cannot be overstated,” Wouter said. Witvoet, founder and CEO of EV Technology Group. “We believe that car lovers will only become electric vehicles when they promise the character, unique style and visceral driving pleasure that the iconic classic car brands have offered. In this sense, as a pioneer of EV, “We are committed to maintaining the highest standards in terms of both our social impact and corporate governance.”

EV Technology Group’s sustainability platform also has a clear focus on social and government commitments. Through their investments, the company will maintain the communities and the skills and experience that will help them thrive in the future. As a publicly traded company on the NEO and Frankfurt stock exchanges, EV Technology Group transparently adheres to all government reporting standards required by these exchanges and is committed to implementing data protection and privacy clauses for its clients.

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Beyond decarbonisation: EV Technology Group also supports high-quality employment in local communities and best corporate governance practices

EV Technology Group’s sustainability platform sets the stage for articulating an ESG vision, especially for the growing group of investors who prioritize capital input to companies contributing to a low-carbon future. The platform also reveals the company’s future ambitions to continue to improve its ESG credentials over time. Through this plan, EVT Group is positioning itself as a leader in supporting greener transportation and a carbon-neutral world, and is supporting these global efforts by creating electric vehicles that people want to drive.

EV Technology Group
EV Technology Group was founded in 2021 with a vision to electrify iconic brands and a mission to redefine the joy of the engine for the electric age. By acquiring iconic brands and providing esteemed motoring experiences in the electric age, EVT Group is driving the electric vehicle revolution. With the support of a diverse team of passionate entrepreneurs, engineers and driving enthusiasts, EVT Group creates value for its customers by owning the total customer experience, acquiring and partnering with iconic brands with significant growth potential. in single markets and controlling end-to-end capabilities. . For more information visit: https://evtgroup.com/

Media
Raquel D’Amore
rachael@talkshopmedia.com
+ 1519-564-9850

Investor relations
Dave Gentry
dave@redchip.com
+14074914498

EV Technology Group
Wouter Witvoet
CEO and Chairman of the Board
wouter@evtgroup.com

Prospective information

This press release contains forward-looking statements that include, among others, the ESG platform of EV Technology Group; future investments in electric vehicle brands; Future operations, expectations and actions of the EV Technology Group. Often, but not always, these forward-looking statements can be identified by using words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”. ”,“ Has been ”,“ gain ”,“ planned ”,“ reflective ”,“ will volunteer ”,“ contain ”,“ rest ”,“ be ”or statements that events,“ could ”or“ should ”happen or similar expressions are obtained, including negative variations.

Forward-looking statements involve risks, uncertainties and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements, including those. factors discussed in “Risk Factors” in the company’s filing statement. While the company has tried to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors that may cause the actions, events or results to differ from those anticipated, estimated. or planned.

Forward-looking statements involve significant risk, uncertainty and assumptions. Many factors could make actual results, performance, or achievements differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not unduly rely on forward-looking statements. While the forward-looking statements contained in this press release are based on what management considers to be reasonable assumptions, the company cannot assure readers that the actual results are consistent with these forward-looking statements. The forward-looking statements contained herein are made as of the date of this document and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, or otherwise, that the law requires it. There is no guarantee that these forward-looking statements will be accurate, as actual results and future events may differ materially from those anticipated in these statements. Consequently, readers should not unduly rely on forward-looking statements.

NEO SCHOLARSHIP DOES NOT ACCEPT RESPONSIBILITY FOR THE SUITABILITY OR ACCURACY OF THIS PUBLICATION

A photo accompanying this ad is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3705b433-48ff-47f9-873a-67505006c8d9



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