- CEO
- Wouter Witvoet
- Sector
- Consumer Cyclical
- Industry
- Auto - Manufacturers
- Address
- 198 Davenport Road Toronto ON Canada M5R 1J2
- IPO Date
- Jun 27, 2022
- Business
- EV Technology Group Ltd. is a Canadian-based global electric vehicle company founded in 2021 and headquartered in Toronto, Canada. The company focuses on developing, commercializing, and manufacturing electric vehicle technologies while acquiring and controlling iconic automotive brands. Its core products and services include designing, manufacturing, distributing, and renting electric vehicles, particularly through its ownership and distribution of the MOKE electric vehicle brand. EV Technology Group operates a full end-to-end model that encompasses automotive engineering, advanced component manufacturing, and full-scale vehicle production, ensuring control over the entire customer experience from concept through delivery.
The company is on a strategic trajectory to electrify iconic motoring experiences by acquiring and partnering with well-known automotive brands that have significant growth potential in unique markets. Recent major developments include the acquisition of MOKE International, the launch of new electric vehicle models such as the Electric MOKE Californian available in the U.S. market, and plans to expand electric vehicle manufacturing and assembly capabilities through facilities such as the EV Centre of Excellence at Silverstone. EV Technology Group also filed a base shelf prospectus aiming to raise up to C$50 million to support its growth strategy and electrification efforts of iconic automotive brands.
EV Technology Group serves global markets with its electric motoring solutions and advanced engineering capacities. It targets both consumer and commercial vehicle segments by blending heritage brand appeal with modern electric vehicle technology. The company aims to create value by combining iconic brand appeal with cutting-edge electric vehicle technologies and controlling the entire value chain from engineering development to vehicle sales and rental. The combination of its strategic acquisitions, product launches, and capital raising efforts positions EV Technology Group as a rising player in the electric vehicle ecosystem focused on bringing joy to the electric motoring revolution.