News

2050 Motors, Inc. Announces Arrival Of Carbon Fiber Electric Vehicle In USA

Company’s e-Go Electric Vehicle To Be Showcased In Las Vegas; Electric Luxury Sedan To Follow

Summary
2050 Motors, Inc. announces the arrival of the first e-Go EV car and the Ibis electric luxury sedan will arrive soon afterward. Both vehicles will be showcased in Las Vegas with impressive warranties.

LAS VEGAS, NEVADA (PRWEB) November 17, 2015 - 2050 Motors, Inc. (OTCQB: ETFM), an emerging company in the carbon fiber vehicle industry, announced today that the first all carbon fiber electric vehicle, the e-Go Electric Vehicle (EV), arrived in the United States last week. The e-Go, due to its lightweight carbon fiber body and all aluminum space age racing frame, has the pedigree to become the world's most efficient automobile weighing under 1,500 lbs including its battery pack. The e-Go's big brother, the Ibis, a full size luxury sedan, is expected arrive soon. The styling of the all carbon fiber Ibis rivals the best European high-end sedans.

Both electric vehicles are to be showcased in Las Vegas to a private industry audience, and then opened to the general public for viewing. Both vehicles will carry impressive warranty items including a 10-year (unlimited mileage) warranty on their lithium battery packs.

“Earlier this year, both the e-Go EV and the Ibis received rave reviews when they revealed the manufacturing facilities for the e-Go EV to a Chinese audience,” stated Michael Hu, President of 2050 Motors. “The China manufacturing plant features the most modern robotic machines and carbon fiber manufacturing tooling, and the unveiling was covered by national TV news media and many publications. We are excited to make our entrance into the American market, and anticipate another successful event.” A sequential video to the grand opening of the facility can be viewed at http://youtu.be/wih8_xxZNgA To see pictures of both vehicles that were showcased at the Shanghai Auto Show visit http://www.2050motors.com/shanghaishow.html

About 2050 Motors,Inc.
2050 Motors, Inc. (http://www.2050motors.com and http://www.etfm.com), is a publicly traded company incorporated in Nevada in 2012. 2050 Motors was founded to import, market, and sell electric and gas powered carbon fiber vehicles engineered and designed in Italy and China. 2050 Motors also has the rights to assemble these vehicles in the United States as a future enterprise. 2050 Motors has 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 five 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 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:

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

News

2050 Motors, Inc. Unveils Video of Taxis and Honda Fit Running On Hydrogen-Rich Alcohol Fuel

Summary
2050 Motors, Inc. released a current video which demonstrates the new Hydrogen-Rich Alcohol/Water System (HRAS) technology. This breakthrough technology allows existing internal combustion engines to operate at higher efficiency and significantly reduce emissions. 2050 Motors also announces the expected arrival of first carbon fiber electric vehicle demonstration models sometime in November 2015 depending on port congestion.

LAS VEGAS, NEVADA (PRWEB) September 30, 2015 - Michael Hu, President of 2050 Motors, Inc. (OTCQB: ETFM) and his scientific team have just returned from China where they witnessed a demonstration of the fueling and running of a 2014 Honda Fit with the new Hydrogen-Rich Alcohol/Water System (HRAS). A video of the demonstration can be seen at http://youtu.be/xOFwRTLftZY . The video also shows the successful commercial operation of a taxi fleet in China using a HRAS.

In a press release issued on August 3, 2015 titled “2050 Motors, Inc. to Introduce Hydrogen-Rich Alcohol Fuel Engines to the United States”, 2050 Motors unveiled a detailed history and specifications of the new HRAS technology. Namely, the fuel is a mixture of clean burning methanol (alcohol) mixed with water typically in a ratio of 70% methanol and 30% water. The fuel is partially converted into hydrogen utilizing a proprietary on board catalyst without the use of electricity.

Mr. Hu stated, “Please note, the video shows the placement of the small three liter hydrogen storage tank in the trunk of the Honda Fit. The hydrogen fuel starts the engine which switches over to the HRAS fuel. The small hydrogen tank is refilled on board, in the trunk, by the vehicle's hydrogen production system for the next engine start-up. This stored hydrogen fuel is especially useful in cold weather starting. In normal engine operation hydrogen, methanol and water are fed to the engine for a clean combustion, high efficiency with low emissions.”

2050 Motors has scheduled the testing and demonstration of the HRAS technology in the United States, see press release dated August 3, 2015 for details.

Mr. Hu further stated, “Our stockholders should understand that 2050 Motors is much more than just an electric car company. 2050 Motors is actively involved with other high-tech companies throughout the world to secure cutting edge technologies for our company. These technologies include carbon fiber automobiles; advanced clean renewable fuels such as our HRAS technology; low cost graphene production for lithium batteries and other industrial applications; high efficiency engines and other intellectual property. Furthermore, many of these technologies reach far beyond the auto industry, including aircraft and industrial applications.”

Mr. Hu also announced, “We expect arrival of the super-light-weight all carbon fiber electric automobile e-GO EV demonstration model soon. After long delays for design improvements to meet the 2017 US DOT requirements the e-GO EV is being shipped by Aoxin Automobile, our Chinese production partner, sometime in November 2015.”

2050 Motors will schedule a high profile press conference in Las Vegas to showcase the vehicles upon their arrival. This press conference will include e-GO's Big Brother, the Ibis Carbon Fiber Luxury Touring Sedan. Photos of these two amazing vehicles at the November 2014 Shanghai Auto Show can be seen on the website where they were featured in many Chinese media news articles and on National CCTV which covers all of China.

About 2050 Motors,Inc.
2050 Motors, Inc. (http://www.2050motors.com and http://www.etfm.com), is a publicly traded company incorporated in Nevada in 2012. 2050 Motors was founded to import, market, and sell electric and gas powered carbon fiber vehicles engineered and designed in Italy and China. 2050 Motors also has the rights to assemble these vehicles in the United States as a future enterprise. 2050 Motors has 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 five 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 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:

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

News

2050 Motors, Inc. to Introduce Hydrogen-Rich Alcohol Fuel Engines to the United States

Summary
2050 Motors, Inc. to introduce to the United States a new technology that allows existing internal combustion engines to operate at higher compression ratios producing much higher efficiency and significantly reducing emissions.

LAS VEGAS, NEVADA (PRWEB) August 03, 2015 - Michael Hu, President of 2050 Motors, Inc. (OTCQB: ETFM), announced today that the Company signed an agreement to introduce hydrogen-rich alcohol fuel (HRAS) technology to the U.S. Automobile Industry.

The HRAS technology was developed in China and has successfully been incorporated into taxi fleets in China. The HRAS system uses a proprietary catalyst in the fuel together with a patented conversion system device that allows existing automobiles to run on 70% methanol (or ethanol) and 30% water.

Since methanol in China, as in the U.S., sells for $1.35 USD per gallon, the fuel savings for taxi fleets in China are quite significant. They are experiencing nearly the same fuel mileage on the methanol/water fuel mixture as the original gasoline powered vehicles. The fuel efficiency is provided by the conversion of part of the alcohol/water fuel to hydrogen which is generated by the special proprietary catalyst and waste heat from the exhaust system.

Independent dynamometer tests in China confirmed these remarkable mileage results. 2050 Motors and its Chinese partners are in the process of converting a new Honda Fit automobile that will be used to certify these amazing results. Mileage verifications on the Honda Fit will be conducted at a U.S. certified test facility.

Wall Street and the investment community will soon realize that methanol can become a new fuel of choice in the United States very rapidly for the following reasons:

1) Methanol presently is made from natural gas and the United States has one of the greatest reserves and existing supplies of natural gas in the world.

2) Analysts project that natural gas prices in the United States will remain at present levels until at least the year 2030. The number of new methanol facilities being built in the U.S. should therefore increase significantly since methanol can be derived from natural gas.

3) Lawmakers in the U.S. Congress understand this opportunity and presently have sponsored several bills which are now being studied in committees to allow methanol fuel to be used across the United States.

4) Methanol burns cleaner than gasoline and diesel, and reduces car emissions significantly. Although methanol contains roughly half the energy of gasoline compared by volume (56,000 BTU/gallon versus 116,000 BTU/gallon), costwise it is less expensive than gasoline even when compared by unit energy basis. It is also a better fuel because methanol has a high effective octane rating (91 octane for premium gasoline versus 107 octane for methanol); has a higher flame speed than gasoline, leading to higher efficiency; has a higher latent heat of vaporization (3.7 times higher than gasoline), cooling the engine during fuel injection; burns cleaner than gasoline; and is a safer fuel than gasoline in the case of fire since it is more difficult to ignite, releases less heat when it burns and methanol fires can be extinguished with plain water. It can also be used in current cars blended with gasoline and diesel (M85 and e-diesel).

5) Methanol can be produced from many sources including natural gas, landfill gas, biogas and coal. It can be produced as a renewable fuel from farm waste, wood chips or any other suitable agricultural or municipal waste material.

6) The United States has one of the largest natural gas reserves in the World. Natural gas automobiles have a range problem, methanol fueled vehicles do not.

7) Methanol produced from renewable sources can be a substitute for petroleum. It's a liquid that can be transported through existing petroleum distribution systems; and is already used today on a large scale as a raw material to produce numerous chemical products and materials. In addition, methanol can be readily converted to produce synthetic hydrocarbons and their products, currently obtained from petroleum and natural gas. Accidental release of methanol in a spill on the environment would cause much less damage than a comparable gasoline or crude oil spill because it is water soluble, thus easy to dilute its concentration in the environment, and is biodegradable by common microorganisms.

8) Chemical production pathways for methanol are fully developed. These processes do not compete for food resources like ethanol produced from corn. Presently, cellulosic ethanol processes, which can derive alcohol from agricultural waste, are still under development with no commercial plants in operation.

9) In the HRAS process a modified internal combustion engine is first started with a conventional fuel; hydrogen fuel is released from water via a catalyst utilizing waste heat from the vehicle exhaust; and finally, the methanol-water-hydrogen fuel mixture is combusted in the engine with high efficiency and low emissions.

Mr. Hu stated, "We are in the initial stages of a paradigm shift to clean, inexpensive, abundant fuel and clean-fueled, highly efficient engines for automobiles, trucks and especially fleets that refuel at central locations such as taxi cabs."

Higher compression ratios in internal combustion engines increase efficiency because more air is being combusted and there is a bigger volume in the expansion chamber for hot gasses to release their energy. Present automobile engines have lower efficiencies because their low compression ratios (10 to 1 compression ratio) are limited by the octane of gasoline even for costly premium gasoline. However, due to the cooling effect of methanol and its anti-knock properties, it is now possible to design engines with much higher compression ratios to yield better efficiencies and lower emissions. Many R&D teams at universities including the prestigious Massachusetts Institute of Technology (MIT) agree that when water is added to methanol higher compression ratios are possible, approaching and exceeding those of normal diesel engines that have a 20 to 1 ratio. The capabilities of these new high compression engines include:

1) Efficiencies higher than diesel engines

2) More powerful engines per cylinder displacement volume

3) Extremely low emissions

4) Significantly lower fuel costs not dependent on oil prices

5) Methanol is produced from natural gas here in the United States and will also eventually be produced from renewable sources.

It is interesting to note that Wikipedia states: "Methanol may be viewed as a compact way of storing hydrogen. One m3 of methanol at ambient pressure and temperature contains 1660 Nm3 (normal cubic meters) of hydrogen gas (H2). This may be compared to liquid hydrogen where one m3 of liquid hydrogen (LH2) at -253 °C contains only 788 Nm3 of hydrogen gas."

The methanol economy is a suggested future economy in which methanol replaces fossil fuels as a means of energy storage, ground transportation fuel, and raw material for synthetic hydrocarbons and their products. It offers an alternative to the proposed hydrogen economy or ethanol economy.

Things are shifting toward methanol fuel in the European Union also. Recently, Stena Line CEO Carl-Johan Hagman said the company wants to pursue change and development in this industry because methanol could be the "maritime fuel of the future." Stena Line is a family owned business that has a fleet of 120 ships, including 52 tankers and 58 giant ferries. A report by Stena noted all the attributes stated above and added that converting to methanol would be considerately less disruptive than converting to LNG. Methanol can be stored on board as a liquid at room temperature and needs neither cryogenic or high pressure tanks. Methanol requires significantly less infrastructure costs, has great biodegradable properties and significantly reduces carbon footprint.

In conclusion, it is easy to envision a bright future for the methanol industry in the United States as is already happening in China. 2050 Motors has the exclusive rights to introduce the HRAS technology to the U.S. market. The company will certify these results at a US EPA certified test laboratory in the near future.

2050 Motors is interested in strong lightweight vehicles that can be used as pure electrics, hybrids, and fuel cell or high efficiency alternative fuel vehicles. Our focus is on low carbon footprints for today's cars. That vision does not include pure hydrogen cars since hydrogen is not an energy source it is an energy carrier. It does though include the more widespread use of methanol in our country as a more mainstream fuel (a potential methanol economy if you will).

About 2050 Motors,Inc.
2050 Motors, Inc. (http://www.2050motors.com and http://www.etfm.com), is a publicly traded company incorporated in Nevada in 2012. 2050 Motors was founded to import, market, and sell electric and gas powered carbon fiber vehicles engineered and designed in Italy and China. 2050 Motors also has the rights to assemble these vehicles in the United States as a future enterprise. 2050 Motors has 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 five 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 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:

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

News

2050 Motors, Inc. Announces Bullet Proof Test Video of Electric e-GO Carbon Fiber Automobile

Summary
Real .38 caliber bullets bounce off carbon fiber material used to manufacture new electric automobile. Independent test performed in Montana illustrates the strength, resilience and consequently safety of the new inexpensive process technology used to build this automobile.

LAS VEGAS, NEVADA - June 18, 2015 (PRWeb) -- Michael Hu, President of 2050 Motors, Inc. (OTCQB: ETFM), stated that on June 15, 2015 an independent YouTube video was released demonstrating the bullet proof characteristics of the 2050 Motors' all carbon fiber electric vehicle called the e-GO EV. (See YouTube video here http://youtu.be/kFSi2G9a4Qk)

The video clearly shows bullets fired from a standard police .38 Special caliber pistol bouncing off the carbon fiber material plate. The plate is representative of the average strength of carbon fiber parts that make up the e-GO vehicle. The video was produced by enthusiasts independent of 2050 Motors. The marksman, Mr. Brian Davis, is a well-known hunting guide and outdoorsman from the state of Montana. The video also shows how a much smaller .22 caliber bullet easily penetrates a steel hood from a Chrysler heavy duty truck. Yet at a distance of only 10 feet, the much larger .38 caliber bullets could hardly penetrate the first carbon fiber layer of the e-GO plate.

Mr. Hu stated, “This video clearly depicts the superiority of the carbon fiber material against traditional steel used in the fabrication of automobiles. Consequently, this demonstrates the strength and crash safety worthiness of the carbon fiber advanced technology used to create the e-GO. Carbon fiber is several times stronger than steel and only one third the weight of steel. The carbon fiber technology used to build the e-GO makes it stronger and more resilient than even other carbon fiber technology being used currently.”

The novel and unique construction materials and manufacturing process philosophy for the e-GO EV has provided an entirely new DNA makeup for an automobile, which includes the following advantages:

-> The lightweight e-GO is less than one half the weight of any other electric vehicle on the market today.

-> The e-GO has one of the highest mileage efficiencies, especially under urban driving conditions of +150 mpg-e energy equivalent.

-> This e-GO efficiency translates into the option of extended driving range capabilities with a choice of battery packs that range up to 200 miles or more.

-> Because of cost efficient manufacturing and assembly, the e-GO will be the first carbon fiber vehicle ever offered to the general public with a reasonable consumer price in the range of $32,000 to $35,000 USD MSRP. We expect the e-GO to be significant competition for the much higher weight vehicles produced by General Motors, Nissan and eventually the Tesla Model 3, which is expected to be unveiled to the general public by 2016.

2050 Motors' Chinese partner, Jiangsu Aoxin New Energy Automobile, Ltd. showcased the e-GO EV at the 2014 Shanghai New Energy Auto Show (NEAS) where it received major media attention. Also spotlighted was the e-GO's big brother, the full size four-door touring luxury sedan designed by European engineers, named the IBIS (pronounced ee-bis). Both models have carbon fiber bodies on space-age aluminum frames. Please see pictures of NEAS show at http://www.2050motors.com/shanghaishow.html.

On January 20, 2015, Aoxin Automobile announced the Grand Opening of the e-GO's manufacturing facility in Yancheng, China. The 200,000 square foot manufacturing facility features a state-of-the-art aluminum chassis robotic welding production line and high-temperature, high-pressure, vacuum-assisted carbon fiber molding production line, capable of producing 20,000 automobiles per year. Please see YouTube video of Grand Opening at https://www.youtube.com/watch?v=wih8_xxZNgA.

The first new off-the-assembly-line e-GO EV cars should arrive in Las Vegas for showcase/demonstration and crash testing in the United States by the third quarter of 2015.

2050 Motors' e-GO EV should have little competition in its price range due to its advanced construction materials. The e-GO is very lightweight, extremely energy efficient, durable and safe, with the best all-around value proposition for car buyers worldwide.

About 2050 Motors,Inc.
2050 Motors, Inc. (http://www.2050motors.com and http://www.etfm.com), is a publicly traded company incorporated in Nevada in 2012. 2050 Motors was founded to import, market, and sell electric and gas powered carbon fiber vehicles engineered and designed in Italy and China. 2050 Motors also has the rights to assemble these vehicles in the United States as a future enterprise. 2050 Motors has 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 five 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 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:

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

News

2050 Motors Announces Grand Opening of Carbon Fiber Electric Automobile Plant

LAS VEGAS, NEVADA - Feb. 24, 2015 (GLOBE NEWSWIRE) -- Michael Hu, President of 2050 Motors, Inc. (OTCQB:ETFM), announced today that China's major television network (CCTV), eight newspapers and China's Internet media outlets covered the Grand Opening Event of the e-Go's EV (electric vehicle) carbon-fiber robotic manufacturing facility in Yancheng, China.

2050 Motors, headquartered in Las Vegas, Nevada, has the exclusive rights from Jiangsu Aoxin New Energy Automobile Co., Ltd., a Chinese state owned company to distribute, assemble and manufacture the all-carbon fiber aluminum chassis electric vehicle called the e-Go EV in the United States and key markets of South America.

The Chinese media stated (translation), "Aoxin carbon fiber new energy car (technology) created three China firsts: China's first 20,000 units (annually) Carbon-Fiber Electric-Car manufacturing plant; China's first electric car aluminum chassis robotic welding production line; China's First High-Temperature, High-Pressure, Vacuum-Assisted Carbon-Fiber molding production line.

The media also stated, "the carbon fiber new energy car (technology) has obtained more than 20 China's (State Intellectual Property Office) patents, among them there are 11 invention patents. There are also more than 20 patents in the application process."

2050 Motors representatives, who were in China, were featured at the event. President Hu stated, "Amazingly, the 200,000 sq ft (4.5 acre) automobile plant was constructed from groundbreaking in September of 2014 to the Grand Opening on January 20, 2015, which totals only 120 days!" The sequential construction to the Grand Opening of the manufacturing plant can be viewed on 2050 Motors' YouTube channel or click here: http://youtu.be/wih8_xxZNgA

The e-Go EV, with its advanced design, engineering and lightweight construction materials, weighs about half the weight of any of its electric car competitors, including the lightweight fiber body BMW i3 and one third the weight of the Tesla Model S electric vehicle. The e-Go's weight advantage, due also to its advanced lithium battery pack, will make it one of the most efficient vehicles ever built at affordable prices for the mass consumer market in the $30,000 to $40,000 range depending on options and before state and federal rebates and tax incentives.

Aoxin New Energy Automobile is also constructing an even larger carbon fiber aluminum chassis manufacturing plant to produce 100,000 cars per year for the e-Go's big brother called the Ibis EV. The Ibis is a luxury full size touring sedan designed by European engineers (see 2050motors.com for more details).

Demonstration autos and crash test vehicles should arrive to the USA from the new plant the second quarter and third quarter of 2015, respectively.

Mr. Hu further stated, "Carbon-fiber is several times stronger than steel and one third of the weight of steel. Therefore, experts predict carbon-fiber and high-strength aluminum alloys are the materials of choice for the future of the automobile industry.

2050 Motors' e-Go EV will have little competition in its price range due to these advanced materials, will produce vehicles that are very lightweight, extremely energy efficient, durable and safe, with the best all-around value proposition for car buyers worldwide."

About 2050 Motors,Inc.
2050 Motors, Inc. (http://www.2050motors.com and http://www.etfm.com), is a publicly traded company incorporated in Nevada in 2012. 2050 Motors was founded to import, market, and sell electric and gas powered carbon fiber vehicles engineered and designed in Italy and China. 2050 Motors also has the rights to assemble these vehicles in the United States as a future enterprise. 2050 Motors has 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 five 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 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:

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

News

2050 Motors Promotes Mr. George Hedrick to Vice President of North American Operations

LAS VEGAS, NEVADA, January 1, 2015 -- As of January 1, 2015, 2050 Motors, Inc., the exclusive distributor in the United States of the carbon fiber electric e-Go EV and other advanced electric drive vehicles, is pleased to announce the promotion of George S. Hedrick to Vice President of North American Operations. Mr. Hedrick is responsible for driving the company’s brand strategy in Nevada, revenue growth in the Nevada market, and the use of innovative marketing platforms to expand the company’s diverse customer base.

Mr. Hedrick joined 2050 Motors since its inception in 2012, as General Manager (North American Operations) and liaison between City and State Officials and local Automotive Dealerships. As General Manager of Nevada Operations he has been instrumental in developing marketing programs that have helped to grow the company’s revenue and market share. Over the past two years, he has supported the launch of new products, most notably the revolutionary e-Go EV. Drawing from his international marketing experience, he has supported the company’s growth into the Las Vegas area with localized and online marketing programs.

George Hedrick is a college educated psychology major and seasoned Marketing and Management professional with unparalleled experience in all facets of the Service Industry. Mr. Hedrick has extensive experience as Manager and Marketing Executive in world class hotels and casinos in Las Vegas, Nevada, including: Caesars Palace Hotel/Casino, Rio Hotel/Casino Resort. He also served as Vice President of Corporate Marketing for Sun International at the Atlantis Resort, Bahamas.

We are now very pleased with his well deserved promotion to Vice President.

About 2050 Motors,Inc.
2050 Motors, Inc. (http://www.2050motors.com and http://www.etfm.com), is a publicly traded company incorporated in Nevada in 2012. 2050 Motors was founded to import, market, and sell electric and gas powered carbon fiber vehicles engineered and designed in Italy and China. 2050 Motors also has the rights to assemble these vehicles in the United States as a future enterprise. 2050 Motors has 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 five 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 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:

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

News

2050 Motors Electric Cars Showcase at 2014 Shanghai Auto Show

LAS VEGAS, NEVADA, November 19, 2014 (GLOBE NEWSWIRE via COMTEX)* -- Today, 2050 Motors, Inc. (OTCQB: ETFM), announced that its China partner, Jiangsu Aoxin New Energy Automobile, Ltd. showcased its five-passenger carbon fiber body electric vehicle, the e-Go EV, with a 34 kWh battery pack, 1,400 lbs total weight and over 200 miles (over 320 km) driving range on a full charge. The carbon fiber car received major attention at the 2014 Shanghai New Energy Auto Show (NEAS) held from November 4th through November 8th, 2014.

Also, unveiled for the first time was a new second generation full-size electric carbon fiber four-door touring sedan automobile with a 85 kWh battery pack and 280 mile (450 km) driving range on a full charge. Both EV models received major attention from attendees and government representatives at the show. The Chinese news media stated that, “the two EV models received a stunning debut!” In fact, the three demonstration electric e-Go EVs that were scheduled to be delivered to the United States after the automotive exhibition will now be held over in China, along with the new four-door touring automobile, for demonstration to the Central Industry Bureau Officers and National Top Leaders visiting Aoxin in December 2014.

The 2014 Shanghai NEAS was a great success for the e-Go and its big brother four-door touring sedan. Both models have carbon fiber bodies on space-age aluminum frames. Some spectators at the show described the touring sedan as looking like a “Maserati on steroids.” Please see exhibition pictures at http://www.2050motors.com/shanghaishow.html. Both demonstration models will be shipped to the United States for showcasing in early 2015.

For further details concerning 2050 Motors' electric drive systems and lithium battery warranties, please see press release dated October 15, 2014 “2050 Motors Announces 10% Equity Sale to China's YMSIG.”

About 2050 Motors,Inc.
2050 Motors, Inc. (http://www.2050motors.com and http://www.etfm.com), is a publicly traded company incorporated in Nevada in 2012. 2050 Motors was founded to import, market, and sell electric and gas powered carbon fiber vehicles engineered and designed in Italy and China. 2050 Motors also has the rights to assemble these vehicles in the United States as a future enterprise. 2050 Motors has 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 five 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 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:

George Hedrick
VP Nevada Operations
2050 Motors, Inc.
Tel. (702) 591-6029

News

2050 Motors Announces 10% Equity Sale to China's YMSIG

LAS VEGAS, NEVADA, October 15, 2014 (GLOBE NEWSWIRE via COMTEX)* -- Today, Michael Hu, President of 2050 Motors, Inc. (OTCQB: ETFM), announced the signing of an MOU to sell ten percent (10%) of 2050 Motors equity stock to Yancheng Municipal State-Owned Asset Investment Group, Co. Ltd. (YMSIG), an investment and property development company founded by the Yancheng Municipal Government. Earlier this year, YMSIG also purchased Jiangsu Aoxin New Energy Automobile, Co. Ltd. (Aoxin Automobile) from Dongfeng Motor, Co. Ltd. YMSIG has made major equity investments in the real estate, finance, engineering, culture, science and technology industries in the Yancheng, Jiangsu Province.

In 2012, 2050 Motors signed a contract with Aoxin Automobile to exclusively import and assemble an advanced lightweight carbon fiber five passenger electric automobile called the e-Go EV. The e-Go electric vehicle (EV) was developed under a five year program by Dongfeng Motor in conjunction with Italian automotive engineers. Since 2012, 2050 Motors' engineers have worked diligently with Aoxin's automotive engineers to design and modify the e-Go for entrance into the US automobile market.

The purchase by YMSIG of a 10% equity position of 2050 Motors still must be approved by officials in China. Michael Hu stated, “The signing of the MOU demonstrates a vote of confidence by YMSIG in 2050 Motors to successfully launch the sale of the advanced e-Go electric five passenger automobile in the United States.”

The e-Go EV is being built on an all-aluminum lightweight advanced design frame with an all-carbon-fiber body. Carbon fiber is five times stronger than steel and one third its weight, which makes the total weight of the e-Go (including its battery pack) only 1,450 lbs. As a matter of comparison, the entire weight of the e-Go is approximately one half the weight of competitive automobiles of other manufacturers such as the Nissan Leaf, BMW i3 and the Mitsubishi iMiEV; over 2,000 lbs. lighter than the Toyota RAV4 electric; and, 3,200 lbs. lighter than the Tesla Model-S. The e-Go's huge weight reduction because of the use of carbon fiber and aluminum will make it the most efficient urban driving vehicle ever offered to the consumer market at an estimated retail price of less than $35,000 USD before government incentives.

It is planned that the e-Go will be sold with four different battery pack sizes, offering the customer a variety of driving ranges up to and exceeding 200 miles per charge. The e-Go will also feature two different power drive systems for customers who require higher performance acceleration. These features will ensure that the e-Go can match any customer's needs based on range and acceleration. It is estimated that the high performance package of the e-Go will be capable of accelerating from 0 to 60 mph in approximately 7 seconds. It is also planned that certain models of the e-Go will be sold with battery pack warranties equal to those offered by Tesla Motors which are 8-year unlimited mile warranties.

The first demonstration vehicles will arrive to the United States in approximately six weeks. Also, the factory to mass produce the e-Go is presently under construction in Yancheng, China under the guidance of Aoxin Automobile engineers and YMSIG Management. The e-Go must undergo US DOT required crash test sequences and achieve DOT approval before being permitted to sell in the United States. However, plans are in the works for the e-Go to be offered for sale at an earlier date in certain countries in South America under the guidance and leadership of 2050 Motors.

When the e-Go EV is approved for sale in the United States it will be the first Chinese carbon fiber automobile to be sold in the USA. 2050 Motors is already planning an assembly plant for the e-Go in Las Vegas, Nevada and has been in meetings with the Urban Development Authority of Las Vegas for potential locations to build such a facility and initially create several hundred local jobs.

About 2050 Motors,Inc.
2050 Motors, Inc. (http://www.2050motors.com and http://www.etfm.com), is a publicly traded company incorporated in Nevada in 2012. 2050 Motors was founded to import, market, and sell electric and gas powered carbon fiber vehicles engineered and designed in Italy and China. 2050 Motors also has the rights to assemble these vehicles in the United States as a future enterprise. 2050 Motors has 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 five 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 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:

George Hedrick
VP Nevada Operations
2050 Motors, Inc.
Tel. (702) 591-6029


News

2050 Motors Stock Symbol Became Effective June 3, 2014

LAS VEGAS, NEVADA, Jun 11, 2014 (GLOBE NEWSWIRE via COMTEX)* -- 2050 Motors, Inc. (OTCQB:ETFM) announced today that its new stock symbol ETFM became effective on June 3, 2014 and is now trading on the US OTC QB market. Michael Hu, CEO and President of 2050 Motors, Inc., stated: "Management assumed operational control of the reorganization of Zegarelli Group International, Inc., effective May 5, 2014. Our new maintenance and service facilities have been completed in North Las Vegas, Nevada and will be fully operational on June 16, 2014. The building has undergone exterior and interior remodeling including conference rooms, offices and maintenance shop."

Mr. Hu also stated, "The executive team at 2050 Motors is very pleased that we are now a publicly traded company. We are excited about the future of 2050 Motors and look forward to introducing this important new electric vehicle to customers in the United States. We are immediately focused on preparing the vehicles to exceed the required US Department of Transportation (DOT) crash testing safety standards."

The e-Go is the first affordable all carbon fiber body five passenger automobile. The e-Go is an all-electric vehicle powered by advanced lithium batteries. The initial plan for 2050 Motors is to commence selling the e-Go EV in the summer of 2015. 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 vehicle with a carbon fiber body and parts manufactured by a new, faster process that uses robotics technology which significantly reduces the production time and cost of carbon fiber components. The e-Go EV will sell for less than $35,000 and for under $25,000 in some states after tax rebates and government incentives.

The carbon fiber composite material is five times stronger than steel, and one third the weight. The e-Go EV is a five passenger automobile that weighs only 1,450 lbs., including its advanced lithium battery pack and is built on an all-aluminum high-performance frame designed by skilled Italian automotive engineers. 2050 Motors have three demonstration production models of the e-Go EV in the summer of 2014. One will undergo an advanced crash test known in the Automobile Safety Industry as the "overlap crash test" designed by the Insurance Institute for Highway Safety (IIHS). The other two will be used for marketing purposes. 2050 Motors expects full lanuch of the vehicles by the summer of 2015.

2050 Motors is a publicly traded company and fully reporting under the SEC EDGAR system. The EDGAR (Electronic Data Gathering, Analysis, and Retrieval) system performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the U.S. Securities and Exchange Commission (SEC). The EDGAR system's primary purpose is to increase the efficiency and fairness of the securities market for the benefit of investors, corporations, and the economy by accelerating the receipt, acceptance, dissemination, and analysis of time-sensitive corporate information filed with the agency. For further detailed information on 2050 Motors filings see: www.sec.gov/edgar/aboutedgar.htm and http://www.otcmarkets.com/stock/ETFM/filings.

About 2050 Motors,Inc.
2050 Motors, Inc. (http://www.2050motors.com and http://www.etfm.com), is a publicly traded company incorporated in Nevada in 2012. 2050 Motors was founded to import, market, and sell electric and gas powered carbon fiber vehicles engineered and designed in Italy and China. 2050 Motors also has the rights to assemble these vehicles in the United States as a future enterprise. 2050 Motors has 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 five 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 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:

George Hedrick
VP Nevada Operations
2050 Motors, Inc.
Tel. (702) 591-6029