Life Electric Vehicles Holdings Inc. acquired an 40% stake in LEV Manufacturing, Inc.

Life Electric Vehicles Holdings, Inc. is a developer, manufacturer, and distributor in the light electric vehicle industry. It develops products by designing emission vehicles (LEVs) and partnering with 30+ global fabricators to manufacture its individual components. Its product line consists of e-bikes, 3-wheel and e-delivery products. In addition, the Company offers manufacturing for private labels and the distribution of individual components, including batteries, BMS systems, motors and controllers for all forms of battery powered electric vehicles. It provides a range of electric bikes, which includes Islander 400, Genesis R 400, Outlaw 400, Phantom XR, Private Label, Custom Color Cruiser Step-Thru and Custom Color Cruiser.