JIANGSU, China, April 1, 2021
/PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq:
EZGO) ("EZGO" or "the Company), a leading
short-distance transportation solutions provider in China, today announced an electronic bicycle
("e-bicycle") order worth over 1.1 million
RMB for distribution and usage in Ukraine. This order from Ukraine includes the purchase of "Dilang"
brand light electric motor scooters ("e-mopeds") and electric
tricycles. EZGO expects to deliver the e-bicycles to its customer
by early April.
In addition, the Company has received an order for high-speed
electric motorcycles ("e-motorcycles") from Thailand. EZGO plans to export initial
prototypes to Thai agents. EZGO is currently getting started with
the trial production and sales of high-speed e-motorcycles under
the "Dilang" brand.
Mr. Jianhui Ye, Chief Executive
Officer, stated, "We have seen accelerating demand both within
China and in adjacent nations for
our Dilang and Cenbird e-bicycle and e-motorcycle. We are pleased
to have received this order and look forward to increasing our
brand recognition outside of China. We continue to display new models at
international exhibitions, while expanding our product portfolio
with the development of new e-bicycle models."
About EZGO Technologies Ltd.
Leveraging an Internet of Things (IoT) product and service
platform and two e-bicycle brands, "Cenbird" and "Dilang," EZGO has
established a business model centered on the manufacturing and sale
of electronic bicycles and batteries and e-bicycle rentals,
complemented by battery cell trading and a charging pile
business. Currently, the Company (i) designs, manufactures, rents
and sells e-bicycles and e-tricycles; (ii) rents and sells lithium
batteries; and (iii) sells, franchises and operates smart charging
piles for e-bicycles and other electronic devices.
Safe Harbor Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may, "will, "intend," "should," "believe," "expect," "anticipate,"
"project," "estimate" or similar expressions that do not relate
solely to historical matters, it is making forward-looking
statements. Forward-looking statements are not guarantees of future
performance and involve risks and uncertainties that may cause the
actual results to differ materially from the Company's expectations
discussed in the forward-looking statements. These statements are
subject to uncertainties and risks including, but not limited to,
the following: the Company's goals and strategies; the Company's
future business development; product and service demand and
acceptance; changes in technology; economic conditions; the growth
of the short-distance transportation solutions market in
China and the other international
markets the Company plans to serve; reputation and brand; the
impact of competition and pricing; government regulations;
fluctuations in general economic and business conditions in
China and the international
markets the Company plans to serve and assumptions underlying or
related to any of the foregoing and other risks contained in
reports filed by the Company with the SEC. For these reasons, among
others, investors are cautioned not to place undue reliance upon
any forward-looking statements in this press release. Additional
factors are discussed in the Company's filings with the SEC, which
are available for review at www.sec.gov. The Company
undertakes no obligation to publicly revise these forward–looking
statements to reflect events or circumstances that arise after the
date hereof.
For more information, please contact:
At the Company:
Shawn Wen
Email: ir@ez-go.com.cn
Phone: (+86) 13502829216
Investor Relations:
Adam Prior
The Equity Group Inc.
Email: aprior@equityny.com
Phone: (212) 836-9606
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SOURCE EZGO Technologies Ltd.