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US electric vehicle maker Atlis Motor Vehicles announces plans to list on Nasdaq

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Atlis Motor Vehicles, an American mobility technology company, has announced plans to submit an application to the Nasdaq Global Market in anticipation of an IPO. The stock symbol “AMV” has been reserved by Atlis on the Nasdaq.

The company is developing an electric truck for individuals and fleet owners who work in the agriculture, service, utility and construction industries.

To meet the towing and payload capabilities of older diesel-powered vehicles, Atlis is also developing proprietary battery technology, electric motors and modular system architecture to create a high-capacity, high-efficiency, high-performance work truck. fast charging to meet customer needs.

The Atlis XP platform is the basis for the 500-mile range ATLIS XT electric pickup, and it is a heavy-duty self-contained electric platform.

The XP is the only complete EV skateboard solution for converting a traditional internal combustion engine (ICE) vehicle to an EV.

Atlis says investors can continue to purchase shares of ATLIS through the company’s Regulatory A offering on the website, located at https://investinatlis.comwhich contains important information and disclosures, including the offering statement.

Investors will be able to purchase shares on the open market once the company goes public.

Marc Hanchett, Founder and CEO of ATLIS, says, “From the beginning, we’ve had an unwavering commitment to produce an electric truck that features neither performance nor durability. By going public, we will unlock the capital needed to succeed. This new funding will allow us to continue to expand our operations to produce the advanced batteries, platforms and pickups needed to advance the work truck market. I would like to recognize and thank our more than 20,000 investors who have supported our efforts over the years; it is also a defining moment for them.

Atlis Automotive XP Platform

Arizona-based ATLIS develops its own electric vehicle battery cells and packs to power 300, 400 and 500 mile batteries for the ATLIS XP platform and XT pickup truck.