Electronic Vehicle Company You’ve Never Heard Of KCAC HCAC Via motor SPAC Stock Market News Analysis

Electronic vehicle company you've never heard of kcac hcac spac merger via motors maxus at motors.
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https://octopusmoneymultipliers.com/2020/08/06/electronic-vehicle-company-youve-never-heard-of-kcac-hcac-spac-merger/
VIA Motors International, Inc. and AT Motors Corporation announce Co-Development Partnership Agreement

Partnership will launch a line of Urban Delivery Electric Vehicles (UDEV’s) for Mexico and International sale and distribution.
Product line will include Urban Delivery Electric, Class 2 to 5, trucks and vans based on VIA’s High-Efficiency Electric Drive Systems and Modular Powered Skateboard Architecture.
As part of this Agreement AT Motors will be responsible for assembly and support sales and distribution in Mexico.
OREM, Utah , June 18, 2020 (GLOBE NEWSWIRE) — VIA’s corporate vision and mission is to Electrify the World’s Commercial, Urban Delivery Fleets by providing superior life cycle economics for our Blue-Chip Fleet Customers, improving the environmental footprint, and ensuring continued access to major urban centers. VIA is proud to partner with AT Motors as responsible global citizens.

VIA has a highly experienced team of automotive industry leaders and electric vehicle pioneers together with proven advanced electric drive technology. AT Motors, with its many years of quality production, assembly, distribution and sale of commercial vehicles, has agreed to co-develop and produce a range of Class 2 to 5 Urban Delivery Electric Vehicles (UDEV’s) that directly address and satisfy fleet owners primary motivators for electrifying fleets, including sustainability, increased operating time and lower cost of ownership.

Bob Purcell, VIA Motors CEO, said “We have seen the market respond dramatically to such entrants as Tesla, Rivian and Nikola and now working trucks and vans just got a lot smarter. They are clean, quiet and efficient.” He further stated, “AT Motors is an ideal strategic partner for VIA Motors in Mexico. We are honored and excited to be partnering with them. This agreement enables VIA to execute on our strategy with the launch of an expanded portfolio of UDEV’s to meet the specific needs and requirements of our customers in Mexico.”

“AT Motors is thrilled to partner with VIA at a time when the auto industry is undergoing a major transition to electrification, especially in the Commercial Vehicle sector with eCommerce and Last Mile Delivery driving unprecedented demand for delivery trucks and vans globally,” said CEO Bernardo Garcia-Manzano. He added, “We are always exploring growth opportunities in the Mexican market and in other countries. VIA is a perfect fit for us in this regard.”