TORONTO, March 3,
2025 /PRNewswire/ -- Recently, Visionary Holdings
Inc. (hereinafter referred to as "Visionary", NASDAQ stock
code: GV), a technology enterprise listed on the NASDAQ Capital
Market, announced that after years of research and development,
PEGASUS New Energy Vehicles under Visionary were officially
launched in 2025. The company aims to create "PEGASUS", the No. 1
brand in the automotive industry ecosystem of an independently
developed brand in Canada, which
has attracted great attention from the capital market.
Against the backdrop of increasingly strict environmental
protection regulations and tightening carbon emission indicators,
the global new energy vehicle market is showing a trend of rapid
growth. In 2023, the sales volume of new energy passenger vehicles
in Europe soared, with the annual
growth rate far exceeding expectations; the sales volume of new
energy vehicles in the United
States also reached a new high, indicating huge market
potential. Visionary has keenly captured this market opportunity.
With its strong technical accumulation and powerful global resource
integration capabilities, it has entered the market with great
momentum and is expected to stand out in the highly competitive new
energy vehicle market.
It is understood that Visionary will adopt a cross-ocean
collaborative industrial model. It will achieve localization of
vehicle model research and development, design, assembly
production, sales, and after-sales service in Canada. At the same time, it will make full
use of the advantages of the global automotive parts industry,
especially the automotive parts industry in China, and entrust global partner factories to
process the production of automotive parts. This model can not only
reduce production costs but also improve production efficiency,
giving the enterprise an edge in market competition.
In terms of product planning, Visionary will initially launch
two core vehicle models: one is a compact intelligent electric
sedan targeting young urban commuters, with a cruising range of
400-500 kilometers, equipped with an intelligent interactive
cockpit and advanced automatic driving assistance functions; the
other is a medium-sized luxury electric SUV that meets the needs of
family travel and business reception, with a cruising range of
500-600 kilometers, boasting a luxurious and comfortable driving
space and high-end configurations. In the later stage, pickup
trucks, heavy-duty truck logistics models, and urban
special-purpose vehicle models will be successively launched. In
addition, Visionary will cooperate with global leading battery
suppliers and introduce high-energy-density solid-state battery
technology, achieving the excellent performance of charging from
10% to 80% in just 10 minutes, bringing consumers a better user
experience.
In order to enhance brand awareness and market share, Visionary
has formulated a comprehensive marketing strategy. It will actively
participate in top auto shows in Europe and the
United States, plan to invite international superstars as
brand ambassadors, and conduct word-of-mouth promotion through
social media and automotive forums. At the same time, it will set
up brand direct sales experience stores and after-sales service
centers in core cities around the world, cooperate with local
large-scale dealer groups, and build an official online store and
flagship stores on e-commerce platforms to achieve integrated
online and offline development.
In terms of production and operation, Visionary will rely on the
mature global automotive parts industry clusters, entrust top
global factories for processing, and cultivate local suppliers in
Canada. The localization rate of
automotive parts will reach more than 40%. In particular, it will
maintain core local research and development advantages in the
three-electric system and intelligent driving system of new energy
vehicles to reduce supply risks. During the production process, it
will fully adopt the Industry 4.0 flexible production line, with an
automation rate of up to 85%, ensuring efficient and accurate
production capacity output. Visionary will also strictly follow the
quality standards of the automotive industry in Europe and the
United States and establish a complete quality control
system to ensure the reliability and durability of its
products.
The financial plan shows that Visionary has made a reasonable
capital layout in aspects such as factory construction, equipment
procurement, technology research and development, and market
promotion, and has made an optimistic outlook on future earnings.
In the first year after the project is put into production, the
production capacity is expected to reach 100,000 vehicles, and the
sales revenue is expected to reach 4 billion
US dollars. The subsequent annual sales growth rate is
expected to exceed 30%. In the fifth year, it is expected to
achieve a revenue of 15 billion US
dollars, a net profit of about 1.5-2
billion US dollars, a net profit margin of 10%-15%, an
internal rate of return of over 20%, and an investment payback
period of about 3-4 years.
Facing risks such as technological iteration and market
fluctuations, Visionary said that it will increase investment in
research and development, cooperate with universities and
scientific research institutions to maintain a leading position in
technology; at the same time, it will establish a market dynamic
monitoring mechanism, flexibly adjust production plans and
marketing strategies, and use financial instruments to lock in raw
material costs to ensure the stable development of the
enterprise.
Analysts believe that Visionary's active layout in the new
energy vehicle field not only conforms to the development trend of
the industry but also will bring new performance growth points to
Visionary. With the gradual progress of the project, it is expected
to increase Visionary's market valuation and bring generous returns
to investors. The launch of Visionary's "PEGASUS" new energy
vehicle project undoubtedly injects new vitality into the global
new energy mobility field and is worthy of market expectation.
For more information, please contact:
Visionary Holdings Inc.
Investor Relations Department
Email: ir@farvision.ca
View original
content:https://www.prnewswire.com/news-releases/visionary-enters-the-new-energy-vehicle-field-with-eyes-on-the-global-market-302389479.html
SOURCE Visionary Holdings Inc.
