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Electric vehicle developer points to practical innovation as a way to travel
VANCOUVER, British Columbia and LISBON, Portugal, Sept. 14, 2022 (GLOBE NEWSWIRE) — TUGA Innovations, Inc. (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF) (“TUGA Innovations” or the “Company”), a developer of responses for demanding urban mobility situations with the TUGA, a new type of electric vehicle (“EV”), is pleased to announce that it has signed a non-binding letter of intent with air purification specialist Rensair LLC (“Rensair”) regarding a potential electric vehicle (“EV”). . com. business that dates to integrate the generation of air quality in the TUGA product line.
Founded in May 2020 by Danish twins Christian and Frederik Hendriksen, Rensair is headquartered in London and operates in the UK, Europe, USA and The UK. First of all, it was shown in the Scandinavian healthcare sector and was subtle for two decades. The programs grow many industries, from hospitals, nursing homes, dental offices and offices, to gyms, entertainment venues, retail stores and now to the automotive sector. To date, Rensair has delivered equipment to a total of 40 countries on five other continents with more than 800 customers, in addition to CBRE, Disney, Morgan Stanley, PepsiCo, SNCF and the UK’s National Health Service (NHS). Learn more about https:// rensair. com/.
If the company and Rensair continue to collaborate, the company anticipates that this will come with Rensair’s progression from a fast environmental unit for the TUGA vehicle to purify, clean and monitor the air quality inside the vehicle. This comes with filtering and destruction of pathogens and biologics. compounds such as COVID viruses.
Frederik Hendriksen, co-founder of Rensair, said: “We are very pleased with the opportunity to work with TUGA Innovations to expand a new air quality popular in urban mobility. As in buildings, the air quality inside cars is much worse than that of the air and we percentage TUGA Innovations’ vision of creating a safer and healthier adventure for everyone.
César Barbosa, Vice President of TUGA Innovations, says: “We stand out only as a vehicle developer, but also as a provider of answers to the difficulties of urban mobility, and in this context, having internal blank air our TUGA makes a lot of sense. Not only for transportation, but also as a fitness solution to get from point A to point B. “
The proposed advent of Rensair’s generation would see the supply of hospital-grade air for TUGA’s driving force and passengers, while keeping track of indoor air quality. The benefits for occupants are obvious: when traveling in urban traffic, a normal source of air pollution TUGA’s internal air quality controls will help provide situational awareness of situations while offering a healthier way to get around congested urban centers.
John Hagie, CEO of TUGA Innovations, said, “Innovation, quality and collaboration are our company’s core values, and nothing reflects them better than the nature of the proposed appointments with Rensair. Innovation is a must. ” in our technique for passenger quality of life, and we are scrupulous to guarantee the protection of other people in a TUGA, in all definitions of the term A collaboration with Rensair can be our urban mobility solution as a value-added opportunity, which is wonderful for the public, our corporate and our shareholders. ”
On behalf of the Board of Directors, Sincerely,
~John Hagie~
John HagieExecutive Director
About TUGA Innovations, Inc. (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF)
TUGA Innovations is a development-stage electric vehicle company engaged in the design, design and production of specialized electric cars for the urban mobility experience. The company seeks to reduce the difficulties of urban mobility through a circle of relatives of 2 seats and three. -Cars with wheels, one hundred percent electric. The vehicle is no wider than a motorcycle for agility and offers a patent-pending extendable rear axle for high-speed stability, as well as a patent-pending extendable chassis designed for passenger comfort. The vehicle will offer complex connectivity generation to maximize safety, performance, environmental impact, comfort, maintenance and navigation. The TUGA vehicle is designed to offer an estimated diversity of 160 km, an estimated top speed of 140 km/h with the comfort of a car and with more coverage than a motorcycle on a multi-body p and interchangeable multifunction latform. Learn more: https://tugainnovations. com/, watch our video, and follow us on Instagram, Twitter, and LinkedIn.
For more information, please contact: TUGA Investor Relations Tel: 1 415. 799. 7911 Email: info@tugainnovations. com
Forward-Looking Statement
This press release comprises statements and data that, to the extent not prior facts, would possibly constitute “forward-looking data” within the meaning of applicable securities laws. Forward-looking data would possibly come with monetary and other projections, as well as statements regarding long-term economic plans, objectives or performance, or assumptions underlying any of the foregoing. In some cases, forward-looking statements would possibly be known by terms such as “target”, “target”, “could”, “could”, “could”, “will”, “will”, “likely”, “expected” . “, “anticipates”, “proposes”, “believes”, “intends”, “plans”, “plans”, “projects”, “estimates”, “prospects”, “expects”, “the prospect of or the refusal or other analogous expressions relating to subjects that are not ancient facts. Examples of such statements include, but are not limited to, statements relating to potential business dating between the Company and Rensair to integrate air quality generation into the TUGA product line; Rensair is developing a rapid environmental unit for the TUGA vehicle to purify, clean and monitor the quality of the vehicle’s internal air, which comes with the filtering and destruction of pathogens and biological compounds such as COVID viruses; the Company and Rensair presenting a new popular air quality in urban mobility; Rensair’s generation that provides hospital-grade air to TUGA’s powertrain and passengers and tracks indoor and outdoor air quality and resulting benefits; a collaboration with Rensair editing the company’s urban mobility solution as a value-added opportunity for the public, the company and shareholders; the Company addresses the demanding situations encountered when driving in, between and around urban centers and metropolitan areas; the marketing through the Company of its concept cars; the width of the vehicle, the widened rear axle that serves as the vehicle, the complex connectivity functions of the vehicle and the benefits it offers, the diversity in km and the maximum speed of the vehicle, as well as the safety, functionality and comfort presented through the vehicle.
Forward-looking data are based on assumptions, estimates, analyses and control reviews made based on your experience and belief of trends, existing conditions and expected expansions, as well as other points that the control believes are applicable and moderate for cases as of the date such statements were made, but which would possibly prove to be inaccurate. Important points and assumptions used to expand on the forward-looking data contained in this press release include, but are not limited to, the key body of workers and skilled workers who continue their participation in the Company; the Company’s ability to offload additional funding on moderate terms; the competitive situations of the industries in which the Company operates; and the legislation and its amendments applicable to the Company.
Forward-looking data refers to known and unknown hazards, uncertainties and other matters that could cause the Company’s actual effects, functionality or achievements to differ materially from any expressed or implied long-term effects, functionality or achievements. through the data. forward-looking, adding, without limitation, dangers related to the Company’s long-term business plans; the dangers that the Company may not be able to retain its key personnel; the dangers that the Company may not be able to offload financing on moderate terms or at all, and all other dangers described in the Company’s latest prospectus dated November 30, 2021 under the heading “Risk Factors”. Consequently, readers deserve not to place undue reliance on such forward-looking data. In addition, the forward-looking data refer only to the date on which they are made. From time to time new points arise, and it is not imaginable that the control of the Company is waiting for all those points and evaluates in advance the effect of each of those points on the Company’s business or the extent to which any factor, or combination of points, may also cause actual effects to differ materially from those contained in forward-looking data. The Company assumes no legal responsibility to update forward-looking data to reflect data or events after the date they are made or to reflect the occurrence of unforeseen events, unless required by law, adding securities laws.
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