05:42:07 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



New World Solutions Inc
Symbol NEWS
Shares Issued 103,270,118
Close 2024-01-23 C$ 0.02
Market Cap C$ 2,065,402
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New World subsidiary to enter EV car-sharing business

2024-01-24 11:21 ET - News Release

Mr. Paul Haber reports

NEW WORLD ANNOUNCES EV CAR-SHARING BUSINESS

New World Solutions Inc.'s recently acquired subsidiary, New World EV Solutions Inc. (NEVS), will enter the electric vehicle (EV) car-sharing business as part of the company's strategy to innovate within the EV technology sector, building upon NEVS's expertise in mobile EV charging solutions.

With this initiative, NEVS is augmenting its existing mobile EV charging services with the introduction of a comprehensive EV car-sharing program. The company's strategy utilizes NEVS's established capabilities in mobile charging technology, effectively addressing the unique challenges of the EV car-sharing market. NEVS's new service expansion reinforces its commitment to ecofriendly transport, further establishing its leadership in sustainable mobility.

This venture into EV car-sharing signifies the company's adaptation to the evolving needs of the transportation sector, particularly in urban areas. By combining NEVS's advanced charging technology with a user-friendly car-sharing model, the company aims to provide an unparalleled experience for consumers, fostering a greener, more efficient transportation environment.

Paul Haber, chief executive officer of the company, commented on this expansion, saying: "The launch of EV car-sharing service is a momentous step in our journey towards environmental sustainability and technological innovation. This venture complements our existing services and signifies our plans to expand the fleet in the coming months. We are confident that this strategic move will not only improve the daily lives of consumers but also lead the way in greener transportation options."

About New World Solutions Inc.

New World Solutions is a technology company focused on providing solutions to new world problems. Through its blockchain and technology experience it is leveraging solutions in the decentralized finance space as well as the electric vehicle area. New World looks to acquire and launch a balanced spectrum of solutions to become a leader in this dynamic tech landscape.

We seek Safe Harbor.

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