SOURCE: 2050 Motors

March 07, 2016 10:57 ET

2050 Motors, Inc. Plans to Start Taking Deposits on Carbon Fiber Autos and Extends Showcasing Event

LAS VEGAS, NV--(Marketwired - March 07, 2016) - Due to popular demand, Michael Hu, President of 2050 Motors, Inc. (OTCQB: ETFM), is pleased to announce the extension of our electric vehicle showcase at the world renowned William Carr Gallery in Las Vegas, NV. The unveiling of our all carbon fiber electric vehicles represents the next evolutionary stage and a paradigm shift in the Automobile Industry.

The public has continued to visit the gallery, including members of the news media, automotive industry representatives, as well as city and state government officials. Therefore, 2050 Motors plans to extend the automobile showcasing event for the entire month of March. The William Carr Gallery ( is located in the Tivoli Village Mall on 400 S. Rampart Blvd., Ste. 105, Las Vegas NV 89145. The gallery will be open between 10 AM to 5 PM, Monday through Saturday, and on Sundays from 12 PM to 3 PM. We cordially request the public to register prior to visiting the gallery. Please email with the subject line "Attending Gallery," so we may accommodate all visitors.

Michael Hu stated, "There has been a large number of visitors who have attended the gallery to appreciate the vehicles and they all have been very enthusiastic. Many of our guests offered to purchase the vehicles almost immediately and were ready to give deposits. Therefore, 2050 Motors have decided to start receiving pre-order deposits of $1,000 for the e-Go on Thursday, March 17th, which is St. Patrick's Day."

Further details about this initial offer for the e-Go will be explained in the near future. Initial buyers who reserve their vehicle with pre-sale orders will have additional benefits and free options. Please stay informed for further details of this special offer. 

About 2050 Motors, Inc.

2050 Motors, Inc. ( and, is a publicly traded company incorporated in Nevada in 2012. 2050 Motors was founded to develop and produce the next generation of clean, lightweight, efficient vehicles and its associated technologies. Some of these technologies include alternative renewable fuels, hybrid electric vehicles, advanced graphene lithium batteries and carbon fiber low cost vehicles. 2050 Motors has been successful in forming long term relationships and exclusive contracts for a variety of game changing technologies. 2050 Motors entered into an agreement with Jiangsu Aoxin New Energy Automobile Co., Ltd., located in Jiangsu, China, for the distribution in the United States of a new electric automobile, known as the e-Go EV (electric vehicle). The e-Go EV is a revolutionary new concept in the ever evolving world of electric vehicles. It will be the only production line electric car with a carbon fiber body and parts manufactured by a new process using robotic machines which significantly reduces the fabrication time and cost of carbon fiber components. The e-Go EV will seat four passengers, have a long battery life, and high energy efficiency rating up to 150+ MPG-E energy equivalent in urban driving due to the light weight of the vehicle. The five passenger carbon fiber luxury sedan Ibis EV, the e-Go's big brother, will also be showcased along with the e-Go EV for future sales in the United States. See videos of completion of the e-Go EV manufacturing plant at and the unveiling of the e-Go EV at the 2014 Shanghai Auto Show The company is fully reporting under the SEC EDGAR system.

Disclosure Statement

Statements in this press release about our future expectations, including without limitation, the likelihood that 2050 Motors will be able to leverage capital markets to execute its growth strategy, meet US DOT requirements, meet minimum sales expectations, will be successful and profitable in the US market, and will bring significant value to 2050 Motors' stockholders, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and our actual results could differ materially from expected results. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.

Contact Information

  • Contact:
    George Hedrick
    VP North American Operations
    2050 Motors, Inc.
    (702) 591-6029

    Investor Inquiries:

    Tim Conner
    Benchmark Advisory Partners LLC
    (866) 703-4778 Toll Free