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Company:
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2050 MOTORS, INC. (ETFM)
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Form Type:
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PRE 14C
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Filing Date:
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7/26/2017
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CIK:
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0000867028
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Address:
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1340 BROOK STREET, UNIT M,
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City, State, Zip:
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ST. CHARLES, Illinois 60714
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Telephone:
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(630) 708-0750
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$0.00
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Change:
0.00 (-12.50%)
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Trade Time:
May 17
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Market Cap:
$0.79M
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Description of Business
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2050 Motors, Inc. has an exclusive license, subject to minimum sales
requirements, to import, market and sell in the United States, Puerto Rico, the
US Territories and Peru, the "e-Go" lightweight carbon fiber all-electric
vehicle design and electric light truck to be manufactured by Jiangsu Aoxin New
Energy Automobile Co., Ltd. ("Aoxin Automobile") located in the People's
Republic of China ("PRC"). Aoxin Automobile was a wholly-owned subsidiary of
Dongfeng Motor Corporation ("Dongfeng Motor"), which is one of the largest
automobile manufacturers in China, producing over 3.76 million cars and trucks
in 2012. Aoxin Automobile was funded by Dongfeng Motor to develop and
manufacture a lightweight, super-efficient, carbon fiber e-Go EV electric car
("e-Go EV").
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