EX3

Jiuzi Holdings, Inc. Enters into an Equity Acquisition Agreement to Acquire Automobile Sales Serviceshop Operator Under Top China Automaker Geely Auto's Premium Electronic Vehicle Brand Geometry

Retrieved on: 
Tuesday, April 26, 2022
CEO, EVS, Phrase, Agreement, EV, EX3, Geometry, NASDAQ, Sale, Target, Offering, Good, Review, Arizona Public Service Co. v. Snead, NEV, Company, NEVS, SEC, Sport utility vehicle, SUV, Acquisition, Electric car, Car dealership, Security (finance), Retail

Geometry is Geely Auto Group's independent pure electric vehicle ("EV") sub-brand that focuses on the manufacture of sedans and SUVs.

Key Points: 
  • Geometry is Geely Auto Group's independent pure electric vehicle ("EV") sub-brand that focuses on the manufacture of sedans and SUVs.
  • This model is powered by liquid-cooled battery and can sustain a range of 322 km (200 miles).
  • Mr. Shuibo Zhang, CEO of Jiuzi Holdings, Inc., commented: "This acquisition is an important strategic milestone for our Company.
  • Furthermore, since Geometry could potentially achieve over 1,000 unit sales, we are confident that the model will contribute significantly to our annual sales in 2022.