GlobeNewswire by notified

Clean Motion partners with Champion Motors New Mobility to bring solar powered mobility to Israel

Share

Clean Motion has signed a letter of intent (LOI) for the distribution and sales of EVIG with Champion Motors New Mobility Ltd. in Israel. The process of developing a commercial distribution agreement has begun, and the first test vehicle is soon on its way for evaluation, registration, and marketing.

Champion Motors New Mobility Ltd, a new venture within Allied Group, that focuses on providing small electric vehicles for city transportation in Israel. The company has signed a letter of intent (LOI) with Clean Motion to distribute and sell its solar-powered vehicles in the country. A full commercial agreement is currently being developed.

Christoffer Sveder, Commercial Director at Clean Motion, commented on the partnership and the opportunity to showcase solar-charged mobility in the Israeli market. "Champion Motors is a strong commercial partner in a market where we can truly demonstrate the benefits of our solar cells and create energy-independent mobility."

The partnership between Clean Motion and Champion Motors New Mobility will offer a sustainable and energy-efficient transportation option in Israel. Both companies are excited about the potential of EVIG and energy-independent transportation in the growing micro-vehicle segment.

Read more about Champion Motors: https://www.championmotors.co.il/ (Website in Hebrew)

For more information, please contact:
Christoffer Sveder
Director Commercial Operations, Clean Motion AB
Phone: +46 70 611 26 98         
Email: christoffer@cleanmotion.se

About Champion Motors New Mobility Ltd.
Champion Motors New Mobility Ltd. is a fully owned company by Allied Holdings and part of Allied Group. Champion Motors proudly and responsibly represents the brands of the Volkswagen Group in Israel: Volkswagen, Volkswagen Commercial Audi, Seat and Skoda.

About Clean Motion AB
Clean Motion AB is a Swedish company that manufactures and sells truly sustainable vehicles for cities. The vehicles are locally produced and based on energy and resource efficiency to maximize the adoption of electric vehicles globally. The company's vision is to offer urban mobility, charged with solar energy, and therefore offer light electric vehicles with low energy consumption to meet the urban transport challenges of the 2000s.

Clean Motion AB is listed on First North Growth Market on Nasdaq Stockholm. Certified Adviser is G&W fund commission, e-mail: ca@gwkapital.se, phone: +46 8- 503 000 50. For further information, please visit: https://www.cleanmotion.se

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Brookfield Asset Management and Castlelake to Enter into Strategic Partnership6.5.2024 13:00:00 CEST | Press release

Brookfield to acquire 51% interest in Castlelake’s fee-related earnings and invest in the firm’s funds and strategies, total capital amounting to $1.5B BROOKFIELD NEWS, May 06, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) and Castlelake L.P. (“Castlelake”), an alternatives asset manager specializing in asset-based private credit including aviation and specialty finance, today announced that they have entered into an agreement whereby Brookfield will acquire a 51% stake in Castlelake’s fee-related earnings. The amount of capital to be invested will be approximately $1.5 billion, including capital to be invested in Castlelake’s investment strategies by Brookfield Reinsurance. The partnership will allow Castlelake and Brookfield to collaborate and expand Castlelake’s differentiated asset-based investment business. Craig Noble, CEO of Brookfield Credit said, “We are thrilled to be partnering with Castlelake, a leading asset-based private credit

Signify share repurchase periodic update6.5.2024 13:00:00 CEST | Press release

Press Release May 6, 2024 Signify share repurchase periodic update Eindhoven, The Netherlands –Signify (Euronext: LIGHT), the world leader in lighting, today announced that it has repurchased 153,980 shares in the period April 29 to May 3, 2024. The shares were repurchased at an average price of EUR 25.70 per share and an aggregate amount of EUR 4.0 million. These repurchases were made as part of the company’s repurchase program, which was announced on April 29, 2024. Signify will use the shares to cover obligations arising from its long-term incentive performance share plan and other employee share plans. Details on the share buyback transactions can be found here. --- END --- For further information, please contact: Signify Investor Relations Thelke Gerdes Tel: +31 6 1801 7131 E-mail: thelke.gerdes@signify.com Signify Corporate Communications Tom Lodge Tel: +31 6 5252 5416 E-mail: tom.lodge@signify.com About Signify Signify (Euronext: LIGHT) is the world leader in lighting for profes

Lerøy Seafood Group ASA: Notice of General Shareholders' Meeting6.5.2024 13:00:00 CEST | Press release

The General Shareholders’ Meeting of Lerøy Seafood Group ASA will be held on 28 May 2024 at 10.00 a.m. CET as an online meeting. The meeting notice is enclosed. All underlying documentation and user guide for the online meeting is available at https://www.leroyseafood.com/en/investor/corporate-governance/generalmeetings/ This information is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act. Attachment LSG Notice of AGM

Lerøy Seafood Group ASA: Innkalling til ordinær generalforsamling6.5.2024 13:00:00 CEST | Pressemelding

Ordinær generalforsamling i Lerøy Seafood Group ASA avholdes 28. mai 2024 klokken 10.00 som online møte. Innkallingen med dagsorden til generalforsamlingen er vedlagt. Samtlige vedlegg til innkallingen og brukerveiledning for online møtet er tilgjengelig på Lerøy sin hjemmeside https://www.leroyseafood.com/no/investor/eierstyring-og-selskapsledelse/generalforsamling/ Disse opplysningene er informasjonspliktige etter verdipapirhandelloven § 5-12. Vedlegg LSG innkalling GF

Verkkokauppa.com Oyj: Jesper Blomster appointed as new CFO and member of the management team in Verkkokauppa.com Oyj6.5.2024 13:00:00 CEST | Press release

Verkkokauppa.com Oyj STOCK EXCHANGE RELEASE 6 May 2024 at 2.00 p.m. EEST Jesper Blomster appointed as new CFO and member of the management team in Verkkokauppa.com Oyj MSc. (econ) Jesper Blomster (37) has been appointed as Chief Financial Officer (CFO) and a member of the management team in Verkkokauppa.com Oyj as of May 7, 2024. Blomster joins Verkkokauppa.com from Fiskars, where he has worked as SVP Finance and in other finance positions. Before Fiskars, he held various key finance positions, e.g. in Peak Performance, Kemira and Amer Sports. Current CFO Mikko Forsell will not continue working for Verkkokauppa.com. "I am very happy about the opportunity to start at Verkkokauppa.com. The company has progressed to an interesting stage on its journey, and I look forward to bringing my own know-how and experience to use for developing and growing the company's business," says Jesper Blomster. "Jesper has extensive experience and a strong record of various finance roles, as well as a versa

HiddenA line styled icon from Orion Icon Library.Eye