Admit it, there is a lot of brainpower and strategy behind our First Generic EV. To accelerate the penetration of electric vehicles (EVs), we will produce generic, affordable cars for other manufacturers to brand with their own distinguishing logos and hood ornaments. This idea aligns with current trends in the EV market, where diversification and affordability are key to increasing adoption rates.

The global EV market is expanding, with more than 40 million electric cars on the roads as of 2023, and battery electric vehicles (BEVs) are driving this growth. Market dynamics suggest that consumers increasingly prefer green travel and are willing to pay for intelligent functions. Our approach responds to this demand by providing a cost-effective entry point for consumers who are brand-loyal but also looking for sustainable options.

In the first few years, we will sell our product at cost, making it attractive for manufacturers. As most manufacturers become heavily reliant on our cars, we will begin to gradually increase our prices, closely mimicking Chinese practices. To ensure the success of this venture, it is crucial that investors wait patiently for a return on their investment. We expect the payoff to begin in seven or eight years.