Toronto, Ontario--(Newsfile Corp. - January 24, 2024) - New World Solutions Inc. (CSE: NEWS) (OTC Pink: REGRF) (FSE: RT5) ("NEWS" or "New World" or the "Company") announces its recently acquired subsidiary, New World EV Solutions Inc. ("NEVS"), will enter the electric vehicle (EV) car-sharing business as part of the Company's strategy to innovate within the EV technology sector, building upon NEVS's expertise in mobile EV charging solutions.

With this initiative, NEVS is augmenting its existing mobile EV charging services with the introduction of a comprehensive EV car-sharing program. The Company's strategy utilizes NEVS's established capabilities in mobile charging technology, effectively addressing the unique challenges of the EV car-sharing market. NEVS's new service expansion reinforces its commitment to eco-friendly transport, further establishing its leadership in sustainable mobility.

This venture into EV car sharing signifies the Company's adaptation to the evolving needs of the transportation sector, particularly in urban areas. By combining NEVS's advanced charging technology with a user-friendly car-sharing model, the Company aims to provide an unparalleled experience for consumers, fostering a greener, more efficient transportation environment.

Paul Haber, CEO of the Company, commented on this expansion, saying, "The launch of EV car-sharing service is a momentous step in our journey towards environmental sustainability and technological innovation. This venture complements our existing services and signifies our plans to expand the fleet in the coming months. We are confident that this strategic move will not only improve the daily lives of consumers but also lead the way in greener transportation options."

About New World

New World Solutions is a technology company focused on providing solutions to new world problems. Through our blockchain and technology experience we are leveraging solutions in the decentralized finance space as well as the electric vehicle area. We look to acquire and launch a balanced spectrum of solutions to become a leader in this dynamic tech landscape.

For additional information on New World and other corporate information, please visit the Company website at https://www.newworldinc.io/.

For further information, please contact:

Paul Haber, C.P.A., C.A., C.Dir
Chief Executive Officer, and Chairman
New World Solutions Inc.
Phone: (416) 318- 6501
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Forward-Looking Statements

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