United States Atlis Motor Vehicles Expands Agreement with AUSEV
Atlis Motor Vehicles Expands Agreement with AUSEV
Electric vehicle. Source: Pixabay
Atlis Motor Vehicles, a vertically integrated electric vehicle technology ecosystem company, today announces an expanded order from Australia-based AUSEV for 270 of the Company's 1.5 MW charging stations to support AUSEV's original order of 19,000 XT all electric pickup trucks signed on August 2, 2022.
Once fulfilled, the chargers will be independently distributed throughout territories in Australia where the XT vehicles will be deployed. The parties intend to explore the potential for local battery cell production in Australia.
"This is an extremely important milestone for Atlis as it underscores the confidence AUSEV has already placed in the Company fulfilling the initial order for 19,000 XT vehicles," stated Mark Hanchett, Atlis Motor Vehicles' Founder and CEO. "It is also a meaningful fundamental event for our current shareholders and prospective investors as we maintain and expand our development trajectory as a publicly traded company. These two foundational orders from AUSEV demonstrate our commitment to scaling up production and AUSEV's growing faith in Atlis. We are grateful for our continued collaboration with AUSEV and expect to extend the AUSEV collaborative and distribution model to other territories."
"Atlis is focused on providing work trucks with a long range and fast charge time, which is perfectly suited for the Australian market. These charging stations are a natural progression to build on our original order," said Brendan Kenny, Head of Operations at AUSEV. For further information see the IDTechEx report on Charging Infrastructure for Electric Vehicles and Fleets 2022-2032
"BOSSCAP is a multi-industry company focused on sovereign capability, and the potential of local battery cell production is a very exciting opportunity for us," stated Terry Mulcahy, Head of Future Business at BOSSCAP.
About Atlis Motor Vehicles
Atlis Motor Vehicles Inc. is a vertically integrated electric vehicle company committed to electrifying work vehicles. The Company is working toward production of the Atlis XT pickup truck, a 100% electric work truck, and Atlis XP Platform, the skateboard chassis that can be used to power various other models of work vehicles such as last mile delivery vehicles, garbage trucks, cement trucks, vans, RVs, box trucks, and more. At the core of Atlis's hardware platform is a battery technology capable of charging a full-size pickup truck in less than 15 minutes and a modular system architecture capable of scaling to meet the specific vehicle or equipment application needs.
About AUSEV
AUSEV Pty Ltd (AUSEV) is a subsidiary of BOSSCAP. BOSSCAP is a multi-industry company focused on sovereign capability. AUSEV was established to accelerate the adoption of electric vehicles in Australia, with a focus on RHD 4×4 EVs and has evolved to incorporate not only Pick-ups but also Light, Medium and Heavy-Duty Trucks. The company is committed to offering an end-to-end solution, including servicing, charging and fleet management. AUSEV leverages BOSSCAP's experience in remanufacturing and distributing ICE (Internal Combustion Engine) vehicles to now offer OEMs a solution to either partially or fully manufacture RHD electric vehicles (EV) locally in Australia.
Source: Globe Newswire