Avvenire Electric Vehicle Intl. Corp. is pleased to announce that on January 21, 2024, the Company entered into a partnership agreement (the "Agreement") with Daymak International Inc. ("Daymak"), Canada's #1 distributor of light electric vehicles1 ("LEVs").

Daymak has sold over 100,000 electric vehicles. Pursuant to the Agreement, Daymak will assemble Avvenire's state-of-the-art electric vehicles and leverage a vast network of over 200 dealers for distribution.

Dr. Eross, the Executive Chairwoman of Avvenire, states, "This is a great step for Avvenire for both production and sales. Daymak's impressive two-decade tenure in the EV market and experience with sales of over 100,000 electric vehicles perfectly align with our ambition to redefine the transportation industry."

Daymak as a partner will be not only assembling the products but making them available to its vast network of dealers and provide service for Avvenire vehicles. Daymak has exported products to over 25 countries.

Daymak's current customers include Walmart, HSN, TSC, QVC, Best Buy, Hudson's Bay and a network of 1200 dealers across Canada and the USA. Daymak was the recipient of the Clean Tech North Award2, was named in Profit Magazine's Top 100 fastest growing Canadian companies3 and was also recently named "One of Ontario's Greenest Companies"

The deal goes into effect immediately and has a term of 5 years. We can expect to see Avvenire products to start rolling out in late Q2 of this year.

Alongside this exciting launch, Avvenire is expanding its global reach by seeking dealers and investors worldwide. The company is currently engaged in a Regulation A (REG A) financing campaign, offering shares at an attractive $1.50 each, coupled with a full warrant at $3.25. This unique global opportunity invites investors to contribute to Avvenire's revolutionary electric mobility solutions, starting with a minimum investment of $1,000, and includes exclusive perks for investors.

Explore the Spiritus Leggera at Avvenire.com and join this groundbreaking REG A financing opportunity at avvenire.com/investors .

 

Source:prnewswire.com

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