Month: July 2022

MOKE International’s new direct-to-consumer web platform

MOKE International’s new direct-to-consumer web platform

TORONTO, July 29, 2022 (GLOBE NEWSWIRE) — EV Technology Group Ltd. (the “Company” or “EV Technology Group”) (NEO: EVTG, OTCQB: EVTGF, DE: B96A) announces today that its strategic partner MOKE International Limited (“MIL”), with which the Company just signed a definitive agreement to acquire up to 100% of MIL’s share capital, has launched a new direct-to-consumer website www.mokeinternational.com, offering customers the ability to configure, pre-order, test drive and arrange delivery of the Electric MOKE.

MOKE International has officially announced the launch of its consumer web platform. The website completes the MOKE brand’s offering of an end-to-end customer experience, extending from the real world experience offered by the recently opened flagship store Casa MOKE in St Tropez. This online experience gives customers the ability to experience the brand’s highest level of service, from pre-sales, purchase and aftersales. This website offers customers the ability to pre-order an Electric MOKE, with a deposit order of GBP£990 required to secure a spot. The site also offers delivery options including Casa MOKE in Saint-Tropez, the Hendy Group’s dealership location based on the UK’s south coast, or delivery directly to their home in the UK or Europe.

In addition, the configurator feature on the website allows customers to style their own vehicle, from choosing from an extra canopy, and five playful colorways are currently available including; Granite Grey, Sunlight Yellow, Sunset Orange, Scuba Blue and Wave Blue.

MOKE International’s new direct-to-consumer web platform

The MOKE brand was founded in 1964 by Sir Alec Issigonis and is synonymous with care-free living and treasured for its unique styling. The MOKE brand quickly gained its own celebrity status, with many icons of the era being pictured behind the wheel and gained in exclusive Caribbean and French locations, such as Brigitte Bardot, The Beach Boys, and James Bond. During its conception, nearly 50,000 MOKE vehicles have been sold to a global market that includes the USA, Europe, UK, Caribbean, Australia and New Zealand.

Isobel Dando, CEO of MOKE International said “The future is a seamless omni-channel experience for customers. That is why we are so pleased to be able to offer the ease of purchasing an Electric MOKE through our new website, complemented by the ability to feel and touch our product in our flagship store of ‘Casa MOKE’ in Saint-Tropez. We want to offer deep personalisation to the experience – whether that is using our configurator to select your favourite colour, or booking in for a test drive on the French Riviera at your convenience.”

Wouter Witvoet, CEO and founder of EV Technology Group added “It is key that the Electric MOKE offers a customer experience worthy of the iconic MOKE brand. Starting from their first visit to the website to experiencing in store. The brand’s fun spirit is contagious, and the MOKE International team have really captured this in our online platform.”

EV Technology Group
EV Technology Group was founded in 2021 with the vision to electrify iconic brands – and the mission to redefine the joy of motoring for the electric age. By acquiring iconic brands and bringing beloved motoring experiences to the electric age, EV Technology Group is driving the EV revolution forward. Backed by a diversified team of passionate entrepreneurs, engineers and driving enthusiasts, EV Technology Group creates value for its customers by owning the total customer experience — acquiring and partnering with iconic brands with significant growth potential in unique markets, and controlling end-to-end capabilities. To learn more visit: https://evtgroup.com/

MOKE
MOKE and the MOKE logo are trademarks or registered trademarks of MOKE International Limited (“MOKE International”) in the European Union and other territories. MOKE International, a company registered in England, is the only manufacturer of genuine MOKE vehicles worldwide. The mark was acquired from Casti S.p.A. and derives from the original 1964 British Motor Corporation registration. MOKE France is the official French licensee. For more information visit:  https://mokeinternational.com

Media
Rachael D’Amore
rachael@talkshopmedia.com
+1519-564-9850

Investor Relations
Dave Gentry
dave@redchip.com
+14074914498

EV Technology Group
Wouter Witvoet
CEO and Chairman of the Board
wouter@evtgroup.com

Forward-Looking Information
This news release contains forward-looking statements including, but not limited to: the direct-to-consumer website of MIL, online orders for the Electric MOKE and the definitive agreement between EV Technology Group and the shareholders of MIL. Often, but not always, these Forward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements, including those factors discussed under “Risk Factors” in the filing statement of the Company. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. The forward-looking statements contained herein are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except where required by law. There can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

THE NEO STOCK EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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Copyright © 2022 GlobeNewswire, Inc.

        Thursday 28 July 2022

TURNOVER FIGURES 1^st HALF OF 2022

AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, has posted consolidated turnover of €488.1m in the first half of 2022, stable compared with the first half of 2021.

Consolidated turnover

AKWEL recorded a higher level of activity in the second quarter of 2022, with a reported turnover up 13.1%. On a like-for-like basis, the increase was 16.9%.

The half-year turnover, up 5% on a like-for-like basis, outperforming the global vehicle production market over the first half of the year.

Products and Functions turnover is €473.2m (+1.8%). The Cooling (+8.3%) and Air (+2.2%) activities continued to grow, driven by market share gains. The Depollution product line limited its decline to -2.6%, and the Aftermarket activities remained strong on SCR tanks.

The Group generated €7.7m in free cash flow during the first half of 2022, reaching a net cash position as of 30 June, excluding rental obligations, of €116m after the dividend payout.

AKWEL confirms its expectation of moderate growth in turnover for the 2022 financial year. However, the supply difficulties disrupting the activities of vehicle and equipment manufacturers, particularly at European sites, and the significant inflation observed in the costs of raw materials, components, energy, transport, and labour will have a major impact on the Group’s operating profitability this year. These various increases cannot be easily passed on to sales prices. In all cases, this requires long negotiation periods. This time lag leads AKWEL to anticipate a significant decrease in its current operating income in both the first half and second half of 2022.

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Peter Lake defies industry norms and releases another single mere weeks after his acclaimed hit STONES. Says Lake, “I can’t follow industry conventions, else I’ll be dead long before my last song comes out.” Lake, known for his guarded privacy, refusal to perform, and for his cross-genre music, continues his push after surpassing 9 million Spotify streams in the first six months of the year. His hit song “Stay Baby Stay” has garnered over 2 millions streams on YouTube alone.

Album Cover

Album Cover

NEW CITY, N.Y., July 28, 2022 (GLOBE NEWSWIRE) — Peter Lake, the self-proclaimed musical “ghost of New York” shows up again with his latest single WIPEOUT. The song, which features Lake’s friend and preeminent drummer, Charley Drayton, represents a change in tone for the artist whose recent successes have come from songs inspired by electronic dance music. His recent hit STAY BABY STAY could not be more different from WIPEOUT. WIPEOUT features live drums played by Charley Drayton. Mr. Drayton, a multi-instrumentalist and producer currently on tour with Bob Dylan, provided key guidance on the track, which was recorded using traditional analog instruments at Atomic Sounds Studio in Brooklyn, New York. Mr. Lake’s composition demonstrates the comfort with which the artist combines genres.

When asked about the meaning of the song, which showcases an upbeat melody perfect for a road trip or a day at the beach, Mr. Lake had this to say: “This song doesn’t have much metaphor. It’s pretty much a literal description of a March break in college. This was before COVID hit, and I stayed on campus to study. A group of upperclassmen saw me around the empty campus and invited me to join them on a surf trip down the Baja Coast of Mexico. It’s pretty funny when I think back to it: the only reason I wanted to go was because I had a crush on a girl in the group. I hadn’t worked up the courage to tell her how I felt, but I thought this was my chance. Of course, when we met in San Diego tragedy hit: the girl I liked didn’t come … she was visiting her boyfriend! Meanwhile, I told the group I didn’t know how to surf! That’s how I became the driver. Mexico is one of the most beautiful countries I’ve ever been to, and I wrote this song so I would never forget it.”

WIPEOUT will be available on Apple, Spotify, Tencent, YouTube and all streaming services beginning July 29, 2022.

For further information about Peter Lake and his music, please message him on Instagram @peterlakemusic

Media enquiries can be directed to

pl@peterlakesounds.com

Artist Biography

Peter Lake is a Canadian-born, New York City-based singer-songwriter who revels in anonymity.

In an age where privacy is rare, Peter is convinced that his ability to create music is protected by his anonymity, and by working with unconventional partners in an attempt to avoid the constraints of traditional record deals, which often consider recorded music as a means to promote tours.

Peter is the first of a kind: an artist who will only do live concerts via a web-based platform, thereby freeing him to focus exclusively on writing and recording new, original music that crosses all genres. In the process, Peter has assembled one of the largest singer-songwriter catalogues in the industry. His musical influences include Neil Young, Max Martin, David Bowie, Motown, and Drake.

It’s no surprise that his songs are hard to place, often flying between (and combining) House beats, crunchy guitar riffs and “traditional chants and natural sounds.” When asked about his goal, he replied as follows:

“My goal is to wake up every day and make music, and one day through that process write and perform what will later be seen as the greatest song in history, a song that will define humankind for centuries.”

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Image 1: Album Cover

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• Album Cover