EV Technology Group Goes Public on the NEO Exchange
Company gives iconic motor brands a new lease on life in the electric age
Toronto | April 12, 2022 – NEO is proud to announce the listing of EV Technology Group Ltd. (“EVT Group” or the “Company”), a company that allows public market investors to invest in electrifying iconic driving experiences. EVT Group is now available for trading on the NEO Exchange under the symbol EVTG.
On a mission to bring back the joy of motoring in the electric age, EVT Group transforms iconic driving experiences by helping luxury, classic, and heritage brands go electric. The Company is the largest investor in MOKE International, the manufacturer of the Mini Moke, a car brand made famous by James Bond and Brigitte Bardot in the 1960s and 70s. EVT Group’s agreement with MOKE International to distribute MOKE electric vehicles in France is their first brand partnership.
“With EVT Group, we are bringing the ability to invest in iconic brands to public market investors while enjoying the electric revolution that is happening in the automotive space,” said Wouter Witvoet, CEO of EVT Group. “By focusing on iconic brands that have existing brand equity, we significantly reduce the investment required to bring our vehicles to market. Our entrepreneurial business model requires an exchange that shares a similar mindset which is why we chose to list EVT Group on the NEO Exchange.”
With today’s launch, EVT Group has become the latest in a steady pipeline of future-ready companies to list on the NEO Exchange, Canada’s Tier 1 stock exchange fueling the innovation economy. Investors can trade shares of EVTG through their usual investment channels, including discount brokerage platforms and full-service dealers.
“Today’s launch provides an incredible opportunity for investors to tap into the electric vehicle revolution, and the green economy at large. EVT Group’s strategy, coupled with a highly-capable management team, positions them for great success in the public domain,” commented Jos Schmitt, President and CEO of NEO. “The NEO Exchange is home to some of the most innovative public companies, making it the ideal fit for EVT Group. Known for our entrepreneurial and solutions-oriented mindset, we look forward to providing EVT Group with the many benefits of being listed on a Tier 1 stock exchange, including increased investor confidence through greater visibility and liquidity, and our own special touch of service and support.”
EVT Group joins over 225 unique listings on NEO, including some of the most innovative Canadian and international growth companies, and ETFs from Canada’s largest ETF issuers. NEO consistently facilitates 10% to 15% of all Canadian trading volume. Click here for a complete view of all NEO-listed securities.
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About the NEO Exchange
The NEO Exchange is Canada’s Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.
About EV Technology Group Ltd.
EVT Group was founded in 2021 with the mission to electrify iconic driving experiences. The Company believes that people drive cars for reasons other than just going from A to B, but those reasons are getting lost during the transition to electric vehicles. EVT Group capitalizes on this opportunity by partnering with and operating iconic brands that bring back the joy of motoring in an electric age.
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