BOTHELL, WA / ACCESSWIRE / March 10, 2022 / VaporBrands International, Inc. (OTC PINK:VAPR) dba E-Cite Motors www.ecitemotors.com an ground breaking Electric Car manufacturer declared that it has secured a 2.2 million dollar facility and acquired 100% of Auto Rescue, Fix, Fix, and Restoration dba “Acclaimed Car Restore” www.accliamedauto.com also referred to as “AAR”.
The facility which E-Cite now occupies and has signed a structured buy contract for is positioned at 15812 116th Ave. N.E. Bothell, WA 98011. It is about a 4,000 sq ft professional setting up that has been a productive automobile fix store under the prior owner for additional than 20 many years. It has 4 bays with lifts (which includes a $30,000 laser alignment raise) a depth bay, place of work place, purchaser foyer, a break area/kitchenette, and 2 bogs. It also is made up of two outdoors paved regions that can be applied as is or built on for expansion. At present, joint use of the business, buyer waiting around place, and 3 of the bays are leased from E-Cite Motors to Acclaimed Car. Also integrated is an upstairs unit that is a 1200 sq ft (around) open up business with a kitchenette and 3rd toilet. It is isolated upstairs on its very own flooring with a different entrance. The upstairs is leased from E-Cite to an unrelated bash for a time period of 10 many years which boosts 5% for every 12 months.
Acclaimed Vehicle has continued in the extended-standing success set forth by its predecessor for additional than two many years, and will go on to function as it has been as an automotive restore and restoration shop making revenues right until E-Cite wants the space that it is running in.
E-Cite formerly owned 33.33% of AAR, has completed the acquisition, and it now owns 100%.
E-cite intends to use the facility for design, R&D, prototyping, growth, and company needs. E-Cites generation of components and assembly of cars will be principally finished by a assortment of companions.
Unlike competition Tesla, Polestar, Lucid, VW, Ford, Jaguar, and other folks, E-cite is not needed to meet any of the safety or other expensive certifications of a classic car manufacturer making the simplicity and timeline of supplying new vehicles to industry substantially far more favorable. Whereas the initial timeline to be in a position to deliver a output auto to market generally exceeds 3 several years and frequently longer at a quite high charge, E-Cite expects to be providing its initial output autos for the 2023 product year. That is less than 12 months from inception to the showroom.
This is probable for the reason that E-Cites cars qualify below the “Lower Quantity Car Brands Act of 2015” In 2015 Congress enacted a invoice into regulation directing the NHSTA to create a software allowing for low quantity motor car manufacturers to create a restricted range of vehicles yearly in a regulatory process that addresses the distinctive safety and financial concerns connected with constrained creation, and to immediate the EPA to let reduced volume motor automobile suppliers to put in engines from cars that have been issued certificates of conformity. Though they have been supplied a person year to build this new method it took until eventually January 2021 until the NHSTA issued a final ruling to enable very low quantity car or truck production. Less than the act car companies are exempt from all the basic safety benchmarks but they ought to fulfill latest emissions standards. There are no emissions criteria for EV cars.
E-Cite Motors has made a modular layout that will be engineered to permit the generation of vehicles making use of a skateboard type chassis that makes use of hub electrical motors. As the program is fully modular this makes it possible for for configurations ranging from minimal powered batteries and only a solitary 100hp motor on up to a higher run 1000hp overall performance automobile using AWD and 4 250hp motors.
Employing this modular design and style lets for entry degree autos that are thoroughly upgradable, that can be fitted with a assortment of bodies ranging from exciting economical sportscars, utilitarian motor vehicles, created from economical fiberglass all the way further than the overall performance accomplished by present day petrol supercars applying state of the art carbon fiber.
About VaporBrands Global, dba E-Cite Motors.:www.vaporbrandsint.comwww.ecitemotors.com (OTC PINK:VAPR) is a publicly traded enterprise primarily based in Bothell, WA that is building for production, condition of the artwork electric powered autos utilizing the latest in technologies with a flare of some of the iconic autos of the past.
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Source: VaporBrands Global, Inc.
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