Fuel Doctor 113 0 Kommentare Revoltz Initiates on $2.7 Million Exclusive Distribution Agreement with First Batch Production of 50 PORTO Micro-Mobility EVs - Seite 2

According to Statista, the global last-mile delivery market is expected to grow from $108 billion in 2020 to more than $200 billion by 2027. With this exclusive distribution agreement in place, Revoltz is poised to capture a significant share of this growing market in Israel and surrounding markets.

Amir Zaid, CEO and co-founder of Revoltz, said, "Achieving this production milestone and bringing to light our strategic agreement represents significant steps forward for Revoltz. We are poised to revolutionize the last-mile delivery market with our PORTO EVs. Our collaboration with a leading distributor in Israel is a testament to our shared vision and commitment to excellence. We eagerly anticipate scaling our operations and reinforcing our position as a micro-mobility leader."

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other U.S. Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on the Company’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of the Company could differ materially from those described in or implied by the statements in this press release. For example, the Company uses forward-looking statements when it discusses how Revoltz is poised to revolutionize the last-mile delivery market with its PORTO EVs and how it eagerly anticipates scaling its operations and reinforcing its position as a micro-mobility leader.

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