EV Technology Group Ltd. (the “Company” or “EV Technology Group”) (OTCQB: EVTGF, NEO: EVTG, DE: B96A), announces today the appointment of Mark Stubbs as Head of Design of EV Technology Group. The ex-Radford Motors Executive and designer at legendary automotive brands from Ford to Bugatti to Nissan and General Motors is the latest key hire for EV Technology Group as they continue with their expansion plans.

As Head of Design, Mr. Stubbs will lead the design direction of all the iconic brands under the EV Technology Group strategic brands group. This currently includes iconic brands such as the MOKE as owned by MOKE International. Mr. Stubbs was formerly the Founder and Chief Designer at Radford Motors, the luxury coachbuilder that was originally founded in 1948. Mr. Stubbs notably relaunched the brand in 2021 with the Lotus Type 62-2 at the exclusive Quail Lodge gathering in Pebble Beach. 

Mr. Stubbs holds over 20 years of experience in automotive design, with a successful track record of leading design for top OEMs such as Ford, General Motors, and Bugatti, making him one of the most prevalent car designers of today.

Stubbs will play an integral role at EV Technology Group, bringing his specialised knowledge and expertise to the board to create value to the brand and align with the Company's mission to bring back the joy of motoring in an electric world. He will be working alongside Chief Product Officer Dan Burge, focusing on product in the United States, a key market for the Company where rapid growth is expected in the next 12 months.

“I am incredibly pleased to announce that Mark is joining EV Technology Group,” said Wouter Witvoet, EV Technology Group’s CEO and Founder. “Mark is a highly regarded veteran within the automotive world who has helped shape the designs of many celebrated vehicles. He also has an incredibly specialised design skillset, making him an integral piece of our puzzle as we go through the phases of rapid growth.”

“When I saw the vision of EV Technology Group I wanted to be involved,” said Mark Stubbs, Head of Design at EV Technology Group. “Wouter and the team have discovered the secret ingredient to success in the EV space. I believe what’s important and missing in this space is understanding the essence that makes an iconic car an icon, the key is preserving this experience yet still embracing tomorrow's technology and design. I’m passionate about brands and their historic value and I’m excited to bring my design and industry knowledge to the company, and honoured to be able to bring back iconic automotive brands and create future iconic vehicles under the EV Technology Group’s EV portfolio.”

EV Technology Group

EV Technology Group was founded in 2021 with a vision of electrifying iconic brands - and a mission of redefining the joy of motoring for the electric age. By acquiring iconic brands and bringing beloved motoring experiences to the electric age, EVT Group is driving the EV revolution forward. Backed by a diversified team of passionate entrepreneurs, engineers and driving enthusiasts, EVT Group creates value for its customers by owning the total customer experience — acquiring and partnering with iconic brands with significant growth potential in unique markets, and controlling end-to-end capabilities. To learn more visit: https://evtgroup.com/ 

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Rachael D’Amore
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Dave Gentry
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EV Technology Group
Wouter Witvoet
CEO and Chairman of the Board
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Forward-Looking Information

This news release contains forward-looking statements including, but not limited to, the appointment of Mark Stubbs and statements about the Company’s strategies, expectations, planned operations or future actions. Often, but not always, these Forward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements, including those factors discussed under “Risk Factors” in the filing statement of the Company. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. 

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. The forward-looking statements contained herein are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except where required by law. There can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.