Latest news for EV Tech Grp (OTC:EVTGF) Stock

EV Technology Group Ltd owns and operates iconic and luxury motoring brands and helps them 'go electric. It acquires iconic brands and invests in making the transition to electric. It is in the business of developing and commercializing electric vehicle technologies that have growth potential in distinctive, niche, and underserved markets. The Company has adopted a direct-to-consumer (D2C) distribution model to deliver a premium unified brand experience through flagship locations, online experiences, and marketing activations. The Company operates in Canada, UK and France.

First MOKE Now Fablink — EV Technology Group Is Redefining EV Production And Strategy

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EVTGF

RIVN

EV Technology Group Ltd. (NEO: EVTG) (OTCQB: EVTGF) (EV Technology Group or the Company) is a new company entering the electric vehicle (EV) production race, but with a promisingly different strategy. 

Electrifying Icons: How This Company Is Using Brand Equity To Get Ahead Of The Pack

In one of Top Gear’s best-performing episodes, host Jeremy Clarkson laments the downsides of electric vehicles. His biggest criticism? Electric cars just aren’t as fun as conventional gas-fueled vehicles.

EV TECHNOLOGY GROUP LTD by EV Technology Group Ltd.

EV Technology Group Ltd

Scotiabank analyst Nat Schindler maintains Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) with a Sector Perform and raises the price target from $583 to $627.

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Price Target

Analyst Ratings

Scotiabank Maintains Sector Perform on Meta Platforms, Raises Price Target to $627

Keefe, Bruyette &amp; Woods analyst Damon Delmonte reiterates First Busey (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BUSE#NASDAQ">BUSE</a>) with a Outperform and lowers the price target from $34 to $33.

Reiteration

BUSE

Keefe, Bruyette & Woods Reiterates Outperform on First Busey, Lowers Price Target to $33

Keefe, Bruyette &amp; Woods analyst Christopher O'Connell maintains Blue Foundry (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLFY#NASDAQ">BLFY</a>) with a Market Perform and lowers the price target from $11 to $10.

BLFY

Keefe, Bruyette & Woods Maintains Market Perform on Blue Foundry, Lowers Price Target to $10

Guidance

Altria Ceo William Gifford Says Altria Disagrees With ITC Decision In Juul Patent Case, Sees Juul's Patents As Invalid

CoStar Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>) has outperformed the market over the past 15 years by 9.86% on an annualized basis producing an average annual return of 22.09%. Currently, CoStar Gr has a market capitalization of $31.37 billion. 
Buying $1000 In CSGP: If an investor had bought $1000 of CSGP stock 15 years ago, it would be worth $20,096.81 today based on a price of $76.53 for CSGP at the time of writing.
<h3>CoStar Gr's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738247411_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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CSGP

$1000 Invested In CoStar Gr 15 Years Ago Would Be Worth This Much Today

Keefe, Bruyette &amp; Woods analyst Christopher O'Connell maintains BCB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCBP#NASDAQ">BCBP</a>) with a Market Perform and lowers the price target from $15 to $13.75.

BCBP

Keefe, Bruyette & Woods Maintains Market Perform on BCB Bancorp, Lowers Price Target to $13.75

JMP Securities analyst Devin Ryan maintains Raymond James Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJF#NYSE">RJF</a>) with a Market Outperform and raises the price target from $175 to $190.

JMP Securities Maintains Market Outperform on Raymond James Finl, Raises Price Target to $190

Keefe, Bruyette &amp; Woods analyst Catherine Mealor maintains Atlantic Union Bankshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AUB#NYSE">AUB</a>) with a Market Perform and lowers the price target from $46 to $44.

Keefe, Bruyette & Woods Maintains Market Perform on Atlantic Union Bankshares, Lowers Price Target to $44

WIIM

CELZ

Creative Medical Technology Holdings shares are trading higher after the company announced initial data from the first cohort of its ongoing Phase 1/2 clinical trial of CELZ-201-DDT.

JMP Securities analyst Trevor Walsh maintains Planet Labs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PL#NYSE">PL</a>) with a Market Outperform and raises the price target from $4.5 to $6.5.

JMP Securities Maintains Market Outperform on Planet Labs, Raises Price Target to $6.5

Biotech

Creative Medical Technology Holdings Announces Initial Safety, Tolerability, and Efficacy Data From First Cohort In Phase 1/2 Trial Of CELZ-201-DDT

HarborOne Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HONE#NASDAQ">HONE</a>) announced its Q4 earnings on Thursday, January 30, 2025 at 08:21 AM.
Here's a breakdown of the earnings report.
<h3>Earnings</h3>
HarborOne Bancorp beat estimated earnings by 24.0%, reporting an EPS of $0.21 versus an estimate of $0.17.
Revenue was down $6.77 million from the same period last year.
<h3>Historical Earnings Summary</h3>
In the previous quarter, the company missed on EPS by $0.09, resulting in a 0.0% increase change in the share price the following day.
Here's a look at HarborOne Bancorp's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.19</td>
<td>0.17</td>
<td>0.11</td>
<td>0.15</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.10</td>
<td>0.18</td>
<td>0.17</td>
<td>0.09</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>32.17M</td>
<td>30.78M</td>
<td>29.23M</td>
<td>30.24M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>31.89M</td>
<td>31.35M</td>
<td>30.58M</td>
<td>38.60M</td>
</tr>
</tbody>
</table>

 Listen to the earnings announcement yourself by <a href="">clicking here</a>. 
To track all earnings releases for HarborOne Bancorp <a href="https://www.benzinga.com/quote/HONE/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

HONE

HarborOne Bancorp Earnings Review: Q4 Summary

Raymond James analyst Michael Rose maintains Veritex Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBTX#NASDAQ">VBTX</a>) with a Strong Buy and lowers the price target from $32 to $31.

VBTX

Raymond James Maintains Strong Buy on Veritex Holdings, Lowers Price Target to $31

Red River Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RRBI#NASDAQ">RRBI</a>) announced its Q4 earnings on Thursday, January 30, 2025 at 08:30 AM.
Here's a breakdown of the earnings report.
<h3>Earnings</h3>
Red River Bancshares beat estimated earnings by 10.0%, reporting an EPS of $1.37 versus an estimate of $1.24.
Revenue was up $2.20 million from the same period last year.
<h3>Performance in Previous Earnings</h3>
In the previous quarter, the company beat on EPS by $0.08, resulting in a 1.0% drop change in the share price the following day.
Here's a look at Red River Bancshares's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.19</td>
<td>1.10</td>
<td>1.03</td>
<td>0.98</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.27</td>
<td>1.16</td>
<td>1.16</td>
<td>1.16</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>22.47M</td>
<td>21.73M</td>
<td>23.57M</td>
<td>20.73M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>27.88M</td>
<td>26.89M</td>
<td>26.29M</td>
<td>26.48M</td>
</tr>
</tbody>
</table>

 Listen to the earnings announcement yourself by <a href="">clicking here</a>. 
To track all earnings releases for Red River Bancshares <a href="https://www.benzinga.com/quote/RRBI/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

RRBI

Red River Bancshares Earnings Report: Q4 Overview

JMP Securities analyst Patrick Walravens reiterates ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Market Outperform and maintains $1300 price target.

JMP Securities Reiterates Market Outperform on ServiceNow, Maintains $1300 Price Target

Raymond James analyst Matt Roberts maintains Silgan Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLGN#NYSE">SLGN</a>) with a Outperform and raises the price target from $62 to $65.

SLGN

Raymond James Maintains Outperform on Silgan Hldgs, Raises Price Target to $65

Scotiabank analyst Ben Isaacson maintains Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Sector Outperform and raises the price target from $60 to $66.

MEOH

Scotiabank Maintains Sector Outperform on Methanex, Raises Price Target to $66

Raymond James analyst Michael Rose reiterates Renasant (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNST#NYSE">RNST</a>) with a Outperform and raises the price target from $40 to $44.

RNST

Raymond James Reiterates Outperform on Renasant, Raises Price Target to $44

Thermo Fisher Scientific Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TMO#NYSE">TMO</a>) shares are trading higher in <a href="https://www.benzinga.com/pressreleases/25/01/b43330138/thermo-fisher-scientific-reports-fourth-quarter-and-full-year-2024-results" target="_blank" rel="noreferrer noopener">Thursday&#8217;s premarket session.</a>
The company reported fourth-quarter adjusted earnings per share of $6.10, beating the street view of $5.94. Quarterly sales of $11.395 billion (+5% year over year) outpaced the analyst consensus estimate of $11.277 billion.
&#8220;We drove meaningful share gain and enabled the success of our customers, by leveraging our proven growth strategy and PPI Business System, capping off another year of differentiated performance,&#8221; said Marc N. Casper, chairman, president and chief executive officer of Thermo Fisher Scientific.
Organic revenue growth was 4% and Core organic revenue growth was 5%.
Also Read:<a target="_blank" href="https://www.benzinga.com/25/01/43325888/tesla-likely-to-sell-optimus-to-rival-companies-in-2026-price-point-of-humanoid-robot-to-be-detemined-by-demand-says-ceo-elon-musk" rel="noreferrer noopener"> Tesla Likely To Sell Optimus To Rivals In 2026, Elon Musk Says Revenue Potential Of Bot North Of $10 Trillion: &#8216;It&#8217;s Real Bananas&#8217;</a>
Thermo Fisher&#8217;s operating income in the quarter under review increased to $2.016 billion, higher than $1.854 billion in the year-ago period.
Operating margin expanded to 17.7% from 17% in the year-ago period.
The company exited the quarter with cash and equivalents worth $4.009 billion, and inventories worth $4.978 billion.
&#8220;We are in a great position to deliver excellent performance in 2025 as we continue to create value for all of our stakeholders and build an even brighter future for our company,&#8221; Casper added.
Thermo Fisher&#8217;s long-term obligations as of quarter-end are pegged at $29.061 billion.
Revenue for the full year was $42.88 billion in 2024 versus $42.86 billion in 2023. Organic revenue and Core organic revenue growth were flat.
Price Action: TMO shares are trading higher by 3.9% to $590.42 premarket at last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/25/01/43259304/trumps-proposed-corporate-tax-cuts-could-boost-teslas-fy25-eps-by-4-says-analyst" target="_blank" rel="noreferrer noopener">Trump's Proposed Corporate Tax Cuts Could Boost Tesla's FY25 EPS by 4%, Says Analyst</a></li>
</ul>
Photo: Shutterstock

Equities

Movers

Thermo Fisher Q4 Earnings Beat Estimates, Margin Expands

<a href="https://api.newsfilecorp.com/redirect/7WJDjcAWVw">Citizens, Inc.</a> (NYSE:<a href="https://www.benzinga.com/stock/CIA#NYSE">CIA</a>), a leading diversified financial services company specializing in life, living benefits, and final expense insurance, today announced Bryon Matthew Lewis, who serves as Citizens' global Vice President of Operations, is promoted to Chief Operating Officer, a newly created global position effective immediately, reporting to Jon Stenberg, President and Chief Executive Officer. This role will oversee Underwriting, New Business, Claims, and Corporate and Policyholder Services, which are critical activities as we continue delivering our promises to policyholders.

Management

Citizens' VP Of Operations Bryon Matthew Lewis Appointed Chief Operating Officer, Effective Immediately

EV Tech Grp

EV Technology Group Ltd. (NEO: EVTG) (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/EVTGF#OTCQB">EVTGF</a>) (EV Technology Group or the Company) is a new company entering the electric vehicle (EV) production race, but with a promisingly different strategy.&nbsp;

Unlike many companies like Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) that are focused on creating futuristic designs and models, EV Technology Group&rsquo;s strategy is to electrify already iconic brands.

EV Technology Group draws inspiration from Louis Vuitton CEO Bernard Arnault. Arnault would acquire what he called &ldquo;sleeping beauty&rdquo; brands like Christian Dior and catapult them into a new era of success. Arnault&rsquo;s inspiration has already helped drive proven success for EV Technology Group.&nbsp;

<a href="https://www.globenewswire.com/en/news-release/2022/07/20/2482537/0/en/EV-Technology-Group-Signs-Definitive-Agreement-to-Acquire-up-to-100-of-MOKE-International-to-Rapidly-Expand-the-Iconic-British-Brand.html">In July</a>, the Company entered a definitive agreement with the shareholders of MOKE International Ltd. to acquire up to 100% of the company and helped introduce the Electric MOKE to the market. Since partnering with MOKE International, EV Technology Group has created the Electric MOKE, showed it at the Cannes Film Festival and most recently distributed it at luxury department store <a href="https://evtgroup.com/ev-technology-group-company-moke-france-announces-collaboration-with-luxury-department-store-le-bon-marche-rive-gauche-in-paris/">Le Bon Marche Rive Gauche in Paris</a>, and at its flagship retail store named Casa MOKE in Saint-Tropez, France.&nbsp;

Consumers resonate with purchasing a brand they are familiar with. The 1960s-era MOKE vehicle has global recognition from the likes of James Bond movies to countless celebrities and is the perfect demonstration that consumers are interested in the electrification of brands they already know and love.&nbsp;

However, knowing which brands to partner with and acquire does not guarantee continued success in an industry struggling with delivering electric vehicles on time due to global supply chain entanglements such as those caused by the pandemic.&nbsp;

The automotive industry across the board is struggling to deliver the vehicles people are purchasing - problems with components are preventing customers from receiving the vehicles they want, when they expect to receive them.&nbsp;

Between global supply chain shortages and EV companies outsourcing their production to third parties, losses are rampant. For startups that are relying heavily on investors, it can be devastating; analysts expect Rivian to lose more than<a href="https://www.washingtonpost.com/business/energy/can-you-makean-electriccar-without-losing-billions/2022/09/08/ee6b6274-2f33-11ed-bcc6-0874b26ae296_story.html"> $6.5 billion</a> this year because of supply chain issues.&nbsp;

This is why EV Technology Group announced in August that it entered into a definitive agreement to acquire leading British Tier 1 supplier and specialist manufacturer Fablink Group Holdings Ltd.

EV Technology Group&rsquo;s proposed acquisition of Fablink Group should curtail supply chain issues and eliminate product delays. Fablink Group has over <a href="https://evtgroup.com/ev-technology-group-announces-agreement-to-acquire-up-to-100-of-fablink-group-spearheading-future-global-growth/">750 highly specialized employees</a> and seven manufacturing sites across the U.K. The company is a leading U.K. manufacturing and engineering organization with a portfolio of strong growth through its exposure to electric vehicle demand.&nbsp;

Once the Fablink Group acquisition is complete, EV Technology Group will own its supply chain and will be able to control the complete process from concept through to manufacturing, engineering and assembly. EV Technology Group will no longer be reliant and potentially at the mercy of multiple third-party companies to complete large parts of the process. As such, it will be able to electrify more brands and increase supply to meet the already existing demand, proven by the partnership with MOKE.&nbsp;

The acquisition plan shows that EV Technology Group&rsquo;s strategy is scalable and can expand with relative ease compared to competitors that are dependent on a conglomerate of companies to complete their products. Recently, the company also announced an additional definitive agreement to acquire&nbsp; a portfolio of iconic brands, i<a href="https://evtgroup.com/ev-technology-group-announces-definitive-agreement-to-acquire-portfolio-of-iconic-automotive-brands-of-ford-maserati-and-ferrari-coach-builders%ef%bf%bc/">ncluding Ford, Maserati, and Ferrari coach builders</a>, further solidifying their mission to electrify the future of motoring.&nbsp;

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.

Featured photo provided by EV Technology Group

This post contains forward-looking statements including, but not limited to: the acquisition of Fablink Group Holdings, MOKE International Ltd and strategy of EV Technology Group. Often, but not always, these forward-looking statements can be identified by the use of words such as &ldquo;estimated&rdquo;, &ldquo;potential&rdquo;, &ldquo;open&rdquo;, &ldquo;future&rdquo;, &ldquo;assumed&rdquo;, &ldquo;projected&rdquo;, &ldquo;used&rdquo;, &ldquo;detailed&rdquo;, &ldquo;has been&rdquo;, &ldquo;gain&rdquo;, &ldquo;planned&rdquo;, &ldquo;reflecting&rdquo;, &ldquo;will&rdquo;, &ldquo;containing&rdquo;, &ldquo;remaining&rdquo;, &ldquo;to be&rdquo;, or statements that events, &ldquo;could&rdquo; or &ldquo;should&rdquo; 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 &ldquo;Risk Factors&rdquo; in the filing statement and annual information form 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.

In one of <a href="https://www.youtube.com/watch?v=5gFGX43vubM">Top Gear&rsquo;s best-performing</a> episodes, host Jeremy Clarkson laments the downsides of electric vehicles. His biggest criticism? Electric cars just aren&rsquo;t as fun as conventional gas-fueled vehicles.

And while the electric vehicle (EV) field has expanded exponentially in the eight years since the episode was dropped, some of Clarkson&rsquo;s critiques remain relevant.&nbsp;

Much of the EV market is saturated with futuristic-looking designs that feature almost identical engine technology. Most people are not familiar with these brands and the market doesn&rsquo;t seem particularly enamored by the futuristic designs on offer. Car fanatics still gravitate toward classic designs that ooze seduction. And so, EV adoption is slower than some hoped, and many companies trying to pave the way are seeing varied results.

EV Technology Group Ltd. (NEO: EVTG) (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/EVTGF#OTCQB">EVTGF</a>) (EV Technology Group or the Company) is entering the market with a different strategy. It isn&rsquo;t looking to build a car that looks like it belongs in 2050; instead, it is looking to iconic brands that want a ticket to the electric future. The Company&rsquo;s vision is to champion the joy of motoring and clearly understand that customers&rsquo; attachment to existing brands does not hinder electrification. EV Technology Group&rsquo;s strategy is built around the concept of acquiring the brand equity of beloved brands and working with the brand to electrify existing models.&nbsp;

<h2>The Power Of Sleeping Beauties</h2>

EV Technology Group&rsquo;s strategy has drawn inspiration from Louis Vuitton CEO Bernard Arnault. Arnault would acquire what he called &ldquo;sleeping beauty&rdquo; brands like Dior and catapult them into a new era of success. Instead of creating a whole new brand that customers were unfamiliar with and unattached to, Arnault banked on the customer&rsquo;s existing love and loyalty to the brand. LVMH has seen wild and continued success from this model.

EV Technology Group is finding its own sleeping beauties in the automotive space. It is acquiring beloved car brands that are no longer in production and thoughtfully reactivating them in EVs.&nbsp;

EV Technology Group&rsquo;s first brand is already proving powerful. <a href="https://www.globenewswire.com/en/news-release/2022/07/20/2482537/0/en/EV-Technology-Group-Signs-Definitive-Agreement-to-Acquire-up-to-100-of-MOKE-International-to-Rapidly-Expand-the-Iconic-British-Brand.html">In July</a>, the Company entered a definitive agreement with the shareholders of MOKE International Ltd. to acquire up to 100% of the company with the intention of introducing Electric MOKE to the global market. Why MOKE? MOKE is an iconic brand with a cult following. The 1960s-era beach-buggy vehicle has a global reach ranging from the likes of James Bond movies to countless celebrities and brands that want to be associated with the classic style.

Since the acquisition, EV Technology Group has made MOKE into an EV, showed it at the Cannes Film Festival and most recently distributed it at luxury department store <a href="https://evtgroup.com/ev-technology-group-company-moke-france-announces-collaboration-with-luxury-department-store-le-bon-marche-rive-gauche-in-paris/">Le Bon Marche Rive Gauche in Paris</a>, and at its flagship retail store named Casa MOKE in Saint-Tropez, France.&nbsp;

EV Technology Group is revolutionizing the world of EVs where joy is not compromised for the benefits of electric power. EV Technology Group&rsquo;s strategy is to build a house of brands, and if its MOKE acquisition is any indication, the company&rsquo;s future looks bright.&nbsp;

&nbsp;

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.

Featured photo provided by EV Technology Group

This post contains forward-looking statements including, but not limited to: the acquisition of MOKE International Ltd and strategy of EV Technology Group. Often, but not always, these forward-looking statements can be identified by the use of words such as &ldquo;estimated&rdquo;, &ldquo;potential&rdquo;, &ldquo;open&rdquo;, &ldquo;future&rdquo;, &ldquo;assumed&rdquo;, &ldquo;projected&rdquo;, &ldquo;used&rdquo;, &ldquo;detailed&rdquo;, &ldquo;has been&rdquo;, &ldquo;gain&rdquo;, &ldquo;planned&rdquo;, &ldquo;reflecting&rdquo;, &ldquo;will&rdquo;, &ldquo;containing&rdquo;, &ldquo;remaining&rdquo;, &ldquo;to be&rdquo;, or statements that events, &ldquo;could&rdquo; or &ldquo;should&rdquo; occur or be achieved and similar expressions, including negative variations.&nbsp;

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 &ldquo;Risk Factors&rdquo; in the filing statement and annual information form 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.

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EV Tech Grp

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