ev Transportation Services (“evTS”), an electric vehicle manufacturer focused on the essential services transportation and urban e-mobility markets, today announced its entry into an agreement with The Shyft Group, North America’s leader in specialty vehicle manufacturing, assembly and upfit for ecommerce-driven parcel delivery and parent of DuraMag, a leading fabricator of custom aluminum service and utility bodies. The agreement calls for DuraMag to engineer, build and assemble food and parcel delivery van bodies and landscape, dump and flatbed utility bodies for the FireFly vehicle at the company’s facility in Waterville, Maine. The companies will also collaborate efforts on FireFly fleet sales and business development. “The all-electric 2021 FireFly ESV is our most advanced model yet and is designed to fill the needs of the rapidly expanding urban, essential services and e-mobility markets,” said David Solomont, chairman and CEO of evTS. “We needed the help of a body builder with application-specific experience, and familiar enough with EV technologies and weight distribution requirements, that could also guarantee us speed to market, alongside a high quality, durable build. DuraMag has delivered that and more.”
To view the full press release, visit https://ibn.fm/wF6aN
About ev Transportation Services Inc (“evTS”)
evTS is a specialty vehicle manufacturer that produces purpose built, all-electric lightweight commercial utility vehicles and provides fleet management solutions. Founded in 2015, the Boston-based company’s flagship product, the FireFly ESV, is aimed at the essential services transportation and urban mobility markets, which represent an annual domestic replacement market of approximately 100,000 vehicles, or roughly $2.5 billion annually. End user applications for the company’s vehicles include parking management, security and perimeter patrol, parks and sidewalk maintenance, utility meter reading, property and building management, airports, seaports, sanitation, university and corporate campuses, and last mile on-demand urban delivery. For more information, visit the company’s website at www.evts.com.
NOTE TO INVESTORS: The latest news and updates relating to evTS are available in the company’s newsroom at https://ibn.fm/EVTS
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment