BEIJING, Sept. 7, 2023 /PRNewswire/ -- Quhuo International
held a new energy vehicle (NEV) dispatch ceremony in Lianyungang,
JiangSu, during which 300 units of
Toyota BZ4X, 1720 units of Volkswagen EBORA, along with nearly
3,000 units of NEVs from various other brands were successfully
shipped. This vehicle shipment marks the initial establishment and
smooth operation of Quhuo International's new energy vehicle
trading system ("NEV trading system" or the "Trading system").
Quhuo International's NEV trading system is dedicated to
providing premium vehicle trading services to domestic and
international partners. The trading system already possesses
high-quality domestic supplies of new energy vehicles (NEVs), both
brand-new and used. All these vehicles undergo thorough preparation
and upgrades by automotive professionals to ensure their quality
and performance reach optimal conditions.
The NEVs are transported to dealers' distribution networks
through Quhuo International's established logistics system.
Moreover, in overseas markets, Quhuo International will continue to
assist dealers in discovering and expanding the application of
vehicles for family and mobility use, thereby maximizing such
vehicles' value and promoting the global adoption of NEVs.
The 1,720 units of Volkswagen EBORA, which were shipped this
time, were obtained through close collaboration and joint auctions
between Quhuo International and domestic strategic partners. Within
the Trading System, these NEVs underwent a comprehensive process of
vehicle procurement, technical preparation and upgrades, and
complied with regulations in the destination country. The smooth
shipment of this batch of vehicles will bring new business and
growth opportunities for overseas dealers. Quhuo International will
also provide comprehensive overseas operational support to
them.
Quhuo International's overseas expansion model effectively
avoids the adverse effects of disorderly market competition.
Through Quhuo International's distribution system, importers and
distributors can achieve stable profits within an organized
framework. Quhuo International integrates NEV overseas ecosystem,
supported by the strength of domestic strategic partners, aiming to
share the benefits of China's NEVs
with domestic and international partners. Since the launch of the
Trading System, the trading volume has continuously increased, and
this shipment demonstrates the stability and sustainability of the
Trading System.
Mr. Liang Bo, the head of Quhuo
International, pointed out that Quhuo International will continue
to uphold the core values of "integrity, cooperation, innovation,
and win-win" and constantly surpass itself. In the future, building
upon the foundation of distributor network covering 58 countries,
Quhuo International will launch Trading Platform 2.0, dedicating
efforts to promote the healthy development of the NEV trading
platform.
Leslie Yu, Chairman and Chief
Executive Officer of Quhuo, said, "In the era of global energy
transition and riding on the wave of sustainable development, the
NEV industry is experiencing vigorous growth. We will actively
explore international markets, guided by the trend of China's NEVs going global, and achieve
innovation and breakthroughs in Quhuo International's trading
system."
About Quhuo Limited
Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company") is a
leading gig economy platform focusing on local life services in
China. Leveraging Quhuo+, its
proprietary technology infrastructure, Quhuo is dedicated to
empowering and linking workers and local life service providers and
providing end-to-end operation solutions for the life service
market. The Company currently provides multiple industry-tailored
operational solutions, primarily including on-demand delivery
solutions, mobility service solutions, housekeeping and
accommodation solutions, and other services, meeting the living
needs of hundreds of millions of families in the communities.
With the vision of promoting employment, stabilizing income and
empowering entrepreneurship, Quhuo explores multiple scenarios to
promote employment of workers, provides, among others, safety and
security and vocational training to protect workers, and helps
workers plan their career development paths to realize their
self-worth.
Safe Harbor Statements
This press release contains ''forward-looking statements''
within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended and the Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical or current fact
included in this press release are forward-looking statements,
including but not limited to statements regarding Quhuo's business
development, financial outlook, beliefs and expectations.
Forward-looking statements include statements containing words such
as "expect," "anticipate," "believe," "project," "will" and similar
expressions intended to identify forward-looking statements. These
forward-looking statements are based on Quhuo's current
expectations and involve risks and uncertainties. Quhuo's actual
results and the timing of events could differ materially from those
anticipated in such forward-looking statements as a result of these
risks and uncertainties, which include, without limitation, risks
and uncertainties related to Quhuo's abilities to (1) manage its
growth and expand its operations, (2) address any or all of the
risks and challenges in the future in light of its limited
operating history and evolving business portfolios, (3) remain in
its competitive position in the on-demand food delivery market or
further diversify its solution offerings and customer portfolio,
(4) maintain relationships with major customers and to find
replacement customers on commercially desirable terms or in a
timely manner or at all, (5) maintain relationships with existing
industry customers or attract new customers, (6) attract, retain
and manage workers on its platform, and (7) maintain its market
shares in relation to competitors in existing markets and its
success in expansion into new markets, as well as the length and
severity of the recent COVID-19 outbreak and its impact on Quhuo's
business and industry. Other risks and uncertainties are included
under the caption "Risk Factors" and elsewhere in the Company's
filings with the Securities and Exchange Commission, including,
without limitation, the final prospectus related to the IPO filed
with the SEC on July 10, 2020 and the Company's latest
annual report on Form 20-F. You are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date of this press release. All forward-looking statements
are qualified in their entirety by this cautionary statement, and
Quhuo undertakes no obligation to revise or update any
forward-looking statements to reflect events or circumstances after
the date hereof.
View original
content:https://www.prnewswire.co.uk/news-releases/quhuo-international-hosts-ceremony-for-shipment-of-new-energy-vehicles-sending-off-nearly-3-000-units-301920082.html