IQST – IQSTEL Announces Board Approval To Start Electric powered Motorbike Production | 2021-08-23 | Push Releases

New York, NY, Aug. 23, 2021 (Globe NEWSWIRE) — iQSTEL, Inc. (OTCQB: IQST) today introduced the Board of Directors (BOD) has permitted Management&CloseCurlyQuotes approach for manufacturing its initially whole lot of electric powered motorcycles to be marketed beneath the Enterprise&CloseCurlyQuotes B2C Division EVOSS running device.

Producing is slated to start in Q4 this 12 months.

Our initial EVOSS Electric powered Motorcycle product for Latin The usa will compete in the low horsepower sector from the 125cc combustion engine or equivalent class motorbike.

Our initial EVOSS Electric Motorcycle design can be applied for operate or enjoyment. It will be a incredibly multipurpose EV bicycle developed for each day use.

Our EVOSS Electrical Motorbike will be integrated into a finish ecosystem that encompasses the EV consumer practical experience from acquire to upkeep to operation. The EVOSS ecosystem will hook up with our current MAXMO/VIMO ecosystem, providing Electric powered Motorbike people with invest in finance, maintenance and operating fiscal providers.

Mr. Iglesias commented: “The to start with batch of our EVOSS Electrical Bikes will be created in China. We selected China because it has the most mature market place for lower horsepower electrical bikes in the entire world with far more than 400 million of electric powered bikes operating at this time. We approach to build on the present electric powered bike knowledge in China adding our specialized awareness to produce a high value of EVOSS Electric powered Motorcycle Ecosystem products for the nascent Latin The united states EV Bike Marketplace, presenting a substantial earlier mover option for IQSTEL.

Mr. Iglesias included, “The conclusion to arrange the Firm into two divisions, a B2B division (IQSTelecom: Telecom, Web of Matters, Blockchain) and B2C division (EVOSS: EV Motorcycles, Fintech), allows us to diversify our corporate communication and purchaser engagement tactics. In a perception, the B2B and B2C divisions are two different businesses. The B2B division targeting telecommunication companies with benefit included products and solutions where we establish the IQSTelecom Manufacturer, and the B2C division focusing on the customer current market with Fintech expert services, some of which are integrated into other customer ecosystems like transportation, where we build the EVOSS, MAXMO and VIMO manufacturers – all beneath just one holding company iQSTEL”.


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Source: iQSTEL Inc. and its subsidiaries:

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