808 Renewable Energy Enters into a Cooperation Agreement with EZGO
10 August 2021 - 11:38PM
808 Renewable Energy Corporation (OTC Pink: RNWR) (“808” or the
“Company”), today announces the Company has established a strategic
cooperation relationship with EZGO Technology (Nasdaq: EZGO) to
team up together on OEM co-manufacturing. A tri-party agreement has
been executed to have EZGO to handle the chassis and frame
production, and to have Coleitec Composites Technology Co., Ltd. to
handle the composite material production.
According to Mr. Peter Chen, CFO of the company, “ As our
Company has been working very aggressively in boosting up our
production capacity, and building our global supply chain platform
over the past few months, we are pleased to announce that we have
accomplished our goal successfully. With the helps and supports
from our strategic-alliance partners, now we are able to mass
produce our electric reverse-trike vehicles and gyrocopters from
this point on. Mr. Peter Chen furtherly added, "EZGO Technology is
a capable and reputable manufacturer in two-wheel and three-wheel
electric vehicles, and to have them as our co-manufacturing partner
will significantly increase our production capability and to have
better control on the production cost of our chassis and frames.
Coleitec Composites is a leading advanced composite company
services the electric vehicle, aviation, transportation and energy
industries, they will be able to handle and fulfill our needs in
high-quality and advanced composite materials, such as carbon fiber
and fiberglass for our electric reverse-trike vehicles and
gyrocopters, in addition to improve our production capability and
over-all quality at the same time."
David Chen, President and CEO of 808 commented, “we are very
excited about the progresses we have made over the past few months,
and we feel extremely positive about the growth and future of our
company throughout the future. By building a strong Cinergy and
mutually-benefited strategic-alliance relationships with some of
the best players in the industry, we now can deliver the quality
products with better cost factors, as these partners can offer us
favorable pricing of parts, components and system from their
automated mass production facilities, and then we can pass down the
savings to our customers as a result.“
Forward-Looking Statements
Certain statements in this news release may
contain forward-looking information within the meaning of Rule 175
under the Securities Act of 1933 and Rule 3b-6 under the
Securities Exchange Act of 1934, and are subject to the safe harbor
created by those rules. All statements, other than statements of
fact, included in this release, including, without limitation,
statements using the words “hope,” “anticipate,” “may” and
statements regarding the potential growth of the Company, and
future plans and objectives of the Company and SilverLight, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. Technical
complications, which may arise, could prevent the prompt
implementation of any strategically significant plan(s) outlined
above. The Company undertakes no duty to revise or update any
forward-looking statements to reflect events or circumstances after
the date of this release.
SilverLight International Group
SilverLight Aviation, LLC is one of the only two
autogyro (gyrocopter) aircraft manufacturers in the U.S. and it is
based in Zephyrhills, Florida, specializing in the design and
manufacture of gyroplane aircraft in the form of kits or ready to
fly aircraft. Its sister company - SilverLight Electric Vehicles
Inc. is an electric reverse-trike vehicle and low-speed EV
manufacturer (WMI # 4S9 & NHTSA # 20744) based in Lakewood
Ranch (Bradenton), Florida.
Investor Contact:
David Chen, President - (631) 397-1111 (email:
davechen.global@gmail.com )
www.SilverLightAviation.com
www.SilverLightEV.com
- $RNWR - 808 Renewable Energy Corporation
- $RNWR - 808 Renewable Energy Corporation
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