Electric Cars Made Entirely of Carbon Fibre Unveiled by 2050 Motors
2050 Motors, Inc. successfully unveils two all carbon fiber electric car models in Las Vegas and the event captured the interest of the automotive industry, political representatives and news media.
Michael Hu, President of 2050 Motors, Inc. (OTCQB: ETFM), today announced the success of the Company’s private showing of the two all carbon fiber electric models in Las Vegas during the Valentine’s Day and Chinese New Year Weekend. The automotive industry, political representatives and news media received the event with great enthusiasm.
The public had its first look at 2050 Motors’ two car models Friday and Saturday nights at the news media and special invited guests catered receptions. The two models, the compact e-Go and luxury sedan Ibis, are still on display and the Company is inviting the public to see the cars.
The Las Vegas Review-Journal carried a major 1000 word article describing the advanced automobiles and the event. Reporter Richard N. Velotta in the article stated, “A second electric car company is planning to build a manufacturing plant in Southern Nevada, and it’s further along in development than Faraday Future — it has two car models it is showing off in Las Vegas this week.”
Mr. Velotta continued, “The 2050 Motors vehicles are the first electric vehicles manufactured with carbon fiber materials. That makes them lighter and stronger than conventional vehicles, giving them added range. Company officials say their cars will have a range of more than 200 miles on a charge.
“Joe LaStella, 2050’s senior engineering consultant, said the company has worked to keep itself under the radar until it completed five milestones: designing a car with carbon fiber, building a production plant, developing a supply chain, creating a distribution network for sales and passing U.S. Department of Transportation crash test standards.
“LaStella said the company has completed the first four milestones and felt it was close enough on the fifth to show off the car as a celebration of the Chinese New Year.
“ “Carbon fiber is five times stronger than steel at one-third of the weight, and that’s what makes this car different from anything else on the market,” LaStella said.”
The Las Vegas Review-Journal article also explained,“The Las Vegas Company officials say the e-Go, which seats four passengers, would sell for $25,000 after federal energy efficiency tax credits. The five-passenger Ibis, which is 800 pounds lighter than the Tesla Model S sedan, would sell for $59,500 after tax credits, [which is] less than the cost of a Tesla.
“2050 [Motors] may seek state tax incentives, just as Faraday did. “2050 Motors has been negotiating for well over a year with municipalities to finalize plans for job creation. Both state governments and municipalities are offering considerable incentives for job creation,” the company said in a January press release.
“The company believes job creation is a key issue in the 2016 presidential election and recently added a section to its website calling attention to the prospect of adding 3,000 jobs.”
Mr. Hu, whose picture is featured in the article alongside the e-Go commuter model vehicle, went on to say, “We all thought that the Ibis – the e-Go’s big brother which is a four door carbon fiber body luxury electric sedan – would be the feature of the show. However, the red e-Go stole the show and received even much more attention than the Ibis.
“Some of the most memorable comments from viewers include that the Ibis looked either like a Maserati or a Rolls Royce before they were told that it was a new carbon fiber electric automobile.
“The credit for the creation of these two future design carbon fiber automobiles and their advanced carbon fiber production technology must be given to Aoxin Automobile engineers and specially the coordinated effort by the Italian engineering firm BENSUR, and more particularly to Pasguale Bentivoglio (Paki) who holds many of the patents that are incorporated in both of the e-Go and Ibis luxury sedan.”