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EV Electra Unveils Strategic Vision at eCarExpo: Showcasing the NEVS Emily GT Prototype in Gothenburg

EV Electra's Milestone at eCarExpo: Unveiling the NEVS Emily GT Prototype in Gothenburg

The NEVS Emily GT prototype on display at eCarExpo, capturing the spotlight with its innovative design and electric prowess in Gothenburg.

In a thrilling development for the electric vehicle (EV) sector, EV Electra has made a significant announcement at eCarExpo, taking place in Gothenburg, Sweden, on December 1, 2023. The company, renowned for its innovative approach to electric mobility, chose the prestigious Swedish Exhibition & Congress Centre as the venue to unveil its strategic direction and showcase the much-anticipated NEVS Emily GT prototype.

Strategic Announcement at eCarExpo: A Milestone Event

This special announcement, held at 11:00 CET, was not just a showcase of EV Electra’s latest acquisition, the Emily GT, but also a declaration of their future trajectory in the EV market. The presence of Jihad Mohammad, CEO of EV Electra, underscored the importance of this event.

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He elaborated on the company’s vision for growth, innovation, and leadership in the electric vehicle industry, highlighting the commitment to producing Battery Electric Vehicles with zero emissions.

Jihad Mohammad, CEO EV Electra
Jihad Mohammad, CEO EV Electra

eCarExpo: The Epicenter of EV Innovation

eCarExpo has emerged as Europe’s largest EV fair, a platform where new cars and groundbreaking technologies are unveiled. Since its inception in 2016, the fair has grown exponentially, attracting industry representatives and media from around the globe. EV Electra’s announcement at such a prominent event reflects the company’s alignment with innovation and leadership in the electric vehicle sector.

The sleek and innovative EV Electra Emily GT symbolizing a new era of electric automotive excellence.

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EV Electra DrazCanna, Inc. Reverse Merger: A Strategic Move

In addition to showcasing the Emily GT prototype, EV Electra announced the signing of a Letter of Intent for a reverse merger with DrazCanna, Inc. This significant step in the company’s capital structure is aimed at facilitating future growth, with a planned share exchange that will see EV Electra’s outstanding shares integrated with DrazCanna, Inc. Jihad Mohammad emphasized this as a pivotal moment in EV Electra’s evolution, positioning the company for sustained success.

FINRA Name Change & Ticker Symbol Update

EV Electra also provided an update on its FINRA Name Change and New Ticker Symbol filing. This rebranding initiative, part of the company’s strategic focus in the electric vehicle market, reflects a commitment to align its corporate identity with its evolving strategic focus. The anticipated name change to EV Electra LTD, along with a new ticker symbol, is set to enhance brand recognition and visibility.

Corporate Governance and Regulatory Status

The company announced its intention to file for Shell Designation Removal post-merger, highlighting its commitment to transparency, compliance, and governance. This move is expected to boost investor confidence and market credibility. Moreover, EV Electra has expressed its intention to elevate its market standing by moving to the NASDAQ exchange, a decision that aligns with the company’s growth aspirations and strategic vision.

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Fostering Capital Partner Relationships

EV Electra reaffirmed its commitment to fostering strong capital partner relationships, recognizing the importance of collaborations in driving innovation and market expansion. The company sees these partnerships as crucial to its robust growth trajectory and invites potential partners to explore mutually beneficial opportunities.

Shaping the Future of Electric Mobility

EV Electra’s announcements at eCarExpo signify a new chapter in the company’s journey, reflecting a deep commitment to innovation, strategic growth, and industry leadership. With these developments, EV Electra continues to shape the future of the electric vehicle industry, inviting stakeholders, investors, and enthusiasts to follow their progress as they move forward in this dynamic and exciting market.

Goran Aničić
the authorGoran Aničić
For over 10 years, Goran Aničić has been passionately focused on Saab automobiles and everything related to them. His initial encounter with Saab cars took place back in 2003 when the first Saab 9-3 and sedan version were introduced. At that moment, he was captivated by the car's Scandinavian design logic and top-notch engineering, and everything that followed stemmed from that first encounter. Later on, through his work at the editorial team of the Serbian automotive magazines "Autostart" and later "AutoBild," he had the opportunity to engage more closely with Saab vehicles. In 2008, he tested the latest Saab cars of that time, such as the Saab 9-3 TTiD Aero and Saab 9-3 Turbo X. In 2010, as the sole blogger from the region, he participated in the Saab 9-5ng presentation in Trollhättan, Sweden. Alongside journalists from around the world, he got a firsthand experience of the pinnacle of technological offerings from Saab at that time. Currently, Goran owns two Saabs: a 2008 Saab 9-3 Vector Sportcombi with a manual transmission, and a Saab 9-3 Aero Griffin Sport Sedan from the last generation, which rolled off the production line in Trollhättan in December 2011.

2 Comments

  • Say it ain’t sooooooo…so VERY disappointed!!!
    Better off that NEVS were dead, than this…they gone from bad to worse…
    I wish them, sorry…NO luck!

    …I’ll stick with my old SAAB’s that keep going strong!!!

  • ditto. I was very hopeful that a real car company was behind the mysterious sale, a company that saw the incredible and valuable brand value still left in Saab —- an automotive brand with some of the most ardent. dedicated brand fans. People like me, who own old Saabs
    and would seriously consider buying a another. But, if he’s such a brilliant businessman he would see that.

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