GILBERT, Ariz., Sept. 1, 2021 /PRNewswire/ -- ZEV today announced
plans to complete buildout of their new 103,000-square foot,
state-of-the-art Electric Vehicle manufacturing facility in
Gilbert, AZ to better serve their
electrification solutions for light and medium duty fleet vehicles.
The company is targeting a movein date of December 01, 2021.
ZEV has worked extensively with EastGroup Properties to
architect the facility and production workflow to maximize space
and power utilization, while delivering an innovative and modern
work experience for ZEV employees, contractors and partners.
"We are thrilled that ZEV have selected Gilbert Crossroads for
their new headquarters and look forward to welcoming them to their
new state-of-the art manufacturing facility in December," said
Mike Sacco, Vice President,
EastGroup Properties. EastGroup Properties is the owner and
developer of the four-building 318,000 square foot Gilbert
Crossroads Business Park.
ZEV's location is strategically positioned to capitalize on
their partnership with Arizona State
University (ASU) to build on their incredible talent pool
while developing new relationships with Grand
Canyon University (GCU) and Maricopa County Community
Colleges. "ZEV values the incredible talent coming through these
college programs, we have over four graduates with patent filings
in less than 6 months of development – that is rapid
innovation," said Jim Maury, ZEV President.
ZEV will be expanding their fleet vehicle conversion production
to 40 vehicles per day by Spring of 2022. This expansion will
deliver over 300 new jobs to the city of Gilbert and surrounding area. ZEV has
allocated 10K square feet to
accelerate battery module design, development, certification and
assembly to support fleet and passenger vehicle applications. This
will bring high tech jobs, with expertise in battery cell
chemistries, packaging, thermal management, and control interfaces
to maximize energy density, configurability and safety through the
vehicle lifecycle.
"It's with great excitement that we Welcome ZEV to Gilbert in their new 103,000 SQ FT stand-alone
location on Germann Road! ZEV plans to hire 300 local employees
over the next 12 months. We are grateful that ZEV chose
Gilbert and thrilled for them to
add to Gilbert's thriving business
community," said Mayor
Brigette Peterson, Gilbert
City.
About ZEV:
Zero Electric Vehicles (ZEV) is an Arizona based Company with deep engineering
roots that strives to be the worldwide leader in electrification
for light and medium duty fleet vehicles. ZEV's proprietary
powertrain (batteries and drive motor) configuration and rapid
conversion turnaround of existing fleet vehicles will accelerate EV
adoption globally and provide customers the support infrastructure,
fleet services and knowledge they need to transform fleet
operations to meet sustainability goals. ZEV's primary mission is
to enable EV participation across the existing automotive and
mobility ecosystem and support fleets through their electrification
journey while scaling through democratized partnerships and making
the 'dream' of EV accessible to all www.zeroevcorp.com.
For More Information:
info@zeroevcorp.com
Phone: (480) 780-7338
Disclaimer:
This news release contains "forward-looking information"
(within the meaning of applicable Canadian securities laws) and
"forward-looking statements" (within the meaning of the U.S.
Private Securities Litigation Reform Act of 1995). Such statements
or information are identified with words such as "anticipate",
"believe", "expect", "plan", "intend", "potential", "estimate",
"propose", "project", "outlook", "foresee" or similar words
suggesting future outcomes or statements regarding an outlook. Such
statements include the Company's expectations with respect to the
capability, functionality, performance and cost of the Company's
technology.
Such forward-looking information or statements are based on a
number of risks, uncertainties and assumptions which may cause
actual results or other expectations to differ materially from
those anticipated and which may prove to be incorrect. Assumptions
have been made regarding, among other things, management's
expectations regarding future growth, plans for and completion of
projects by the Company's third-party relationships, availability
of capital, and the necessity to incur capital and other
expenditures. Actual results could differ materially due to a
number of factors, including, without limitation, operational risks
in the completion of the Company's anticipated projects, delays or
changes in plans with respect to the development of the Company's
anticipated projects by the Company's third-party relationships,
risks affecting the Company's ability to execute projects, the
ability to attract key personnel, and the inability to raise
additional capital. Although the Company believes that the
expectations reflected in the forward-looking information or
statements are reasonable, prospective investors in the Company's
securities should not place undue reliance on forward-looking
statements because the Company can provide no assurance that such
expectations will prove to be correct. Forward- looking information
and statements contained in this news release are as of the date of
this news release and the Company assumes no obligation to update
or revise this forward-looking information and statements except as
required by law.
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SOURCE Zero Electric Vehicles, Inc.