SEII and QEV Technologies form JV for electric/hydrogen vehicles in EU, Americas

SHARING ECONOMY INTERNATIONAL INC.

JV ownership 60% SEII, 40% QEV; targets commercialization of electric and hydrogen vehicles.
Territories: EU, UK, North Africa, Mexico, Central and South America; brand ZEROID TRUCKS.
Vehicles initially produced in China, SKD system within first year, later production in Barcelona.
EU homologation required; warranties 3 years vehicle, 8 years/3000 cycles for batteries.
Driven by EU's proposed ban on new fossil-fuel cars from 2035.

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