EV Technology Group prepares for global growth with the appointment of former Lotus executive Dan Burge as Chief Product Officer and the opening of new United States office

 
EV Technology Group

TORONTO, April 25, 2022 – EV Technology Group Ltd., (NEO:EVTG) (the “Company”) announces today that it has strengthened its leadership team with the appointment of Dan Burge as Chief Product Officer, effective immediately. Dan Burge is a highly experienced global automotive industry executive, with over 20 years of high-level commercial, operational and technical roles.

Dan Burge will play a key role in building out the product team at EV Technology Group Ltd., (NEO:EVTG) (the “Company”), focusing on incubating new models, brands and other opportunities. He will also open and run a newly formed US office for EV Technology Group Ltd., (NEO:EVTG) (the “Company”), based in California.

Dan is joining from Radford where he was CEO. Previous roles have included Commercial Director of Lotus Engineering, and senior commercial and programme roles at Williams Advanced Engineering and Prodrive Automotive Technologies.

 

 

“I am extremely pleased to have Dan join the team as Chief Product Officer. The combination of his product design, commercial and engineering experience are a perfect fit for EV Technology Group Ltd., (NEO:EVTG) (the “Company”),” said Wouter Witvoet, CEO of EV Technology Group Ltd., (NEO:EVTG) (the “Company”).

“I am delighted to be joining the EV Technology Group Ltd., (NEO:EVTG) (the “Company”),” said Dan Burge, Chief Product Officer. “This is a hugely exciting opportunity and the perfect time to start. I am looking forward to working closely with Wouter and other members of the talented leadership team that is now being assembled. I will be utilising the huge experience I have garnered with leading global automotive brands to develop and launch a portfolio of iconic, electrified brands. Vehicles that will recapture the joy of motoring. It’s great to be part of what will be a hugely exciting future for EV Technology Group Ltd., (NEO:EVTG) (the “Company”).”

EV Technology Group

EV Technology Group Ltd., (NEO:EVTG) (the “Company”) was founded in 2021 with the mission of accelerating the adoption of electric vehicles, and the vision to champion the joy of motoring in an electric world. As passionate investors and operators of EV technology companies, EV Technology Group’s mission is driven by three core tenets: electric vehicles are the future; EVs will transform the way people live, work, and play; and there is an opportunity to accelerate the adoption of this technology by electrifying iconic driving experiences. To learn more visit: https://evtgroup.com/

Forward-Looking Information

This news release contains forward-looking statements including, but not limited to, the appointment of Dan Burge and statements about the Company’s strategies, expectations, planned operations or future actions. Often, but not always, these Forward-looking Statements can be identified by the use of words such 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 achieved and similar expressions, including negative variations.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements, including those factors discussed under “Risk Factors” in the filing statement of the Company. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. The forward-looking statements contained herein are made as of the date hereof 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, except where required by law. There can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

THE NEO STOCK EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

SOURCE EV Technology Group Ltd.(NEO:EVTG)

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6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding EV Technologies Group Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to EV Technologies Group Inc.’s industry; (b) market opportunity; (c) EV Technologies Group Inc.’s business plans and strategies; (d) services that EV Technologies Group Inc. intends to offer; (e) EV Technologies Group Inc.’s milestone projections and targets; (f) EV Technologies Group Inc.’s expectations regarding receipt of approval for regulatory applications; (g) EV Technologies Group Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) EV Technologies Group Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute EV Technologies Group Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) EV Technologies Group Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) EV Technologies Group Inc.’s ability to enter into contractual arrangements with additional Pharmacies; (e) the accuracy of budgeted costs and expenditures; (f) EV Technologies Group Inc.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of EV Technologies Group Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) EV Technologies Group Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact EV Technologies Group Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing EV Technologies Group Inc.’s business operations (e) EV Technologies Group Inc. may be unable to implement its growth strategy; and (f) increased competition.

Except as required by law, EV Technologies Group Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does EV Technologies Group Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither EV Technologies Group Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document.

7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of EV Technologies Group Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of EV Technologies Group Inc. or such entities and are not necessarily indicative of future performance of EV Technologies Group Inc. or such entities.