SANTA CLARA, CA / ACCESSWIRE / January 24, 2022 / SPI Energy Co., Ltd. (“SPI Energy” or the “Company”) (NASDAQ:SPI), a world renewable power firm and supplier of photo voltaic storage and electrical automobile (EV) options for enterprise, residential, authorities, logistics and utility prospects, in the present day introduced the opening of its first RideZoomers electrical scooter retail retailer and service middle in Fremont, California. RideZoomers Inc. is an affiliate of the Company.
“With the demand for electric scooters continuing to rise, we are excited to bring our RideZoomers products to the Bay Area with the opening of our first retail shop and service center in Fremont,” commented Denton Xiaofeng Peng, Chairman and CEO of SPI Energy. “The Bay Area is a very large market opportunity for our products right in our backyard, and we are thrilled to provide our consumers with an improved customer experience and better service options. Our new storefront is ideally located in a high-traffic area and complements our expanding in-house direct-to-consumer sales programs and the wide reach of our Amazon Store, strengthening our brand image and fast-tracking sales growth.”
In addition to providing RideZoomer electrical scooters, the Fremont retailer will embody a Solar4America showroom displaying the most recent out there branded on- and off-grid photo voltaic, battery, EV charger, and house power options. Established in Seattle in 2019 as a scooter-sharing startup, RideZoomers pivoted to a direct-to-consumer and {hardware} enterprise mannequin in 2020 in the wake of the COVID-19 outbreak. SPI Energy acquired the property of RideZoomers in July 2021. The Fremont City retailer is positioned at 6066 Stevenson Boulevard., Fremont, California, 94538.
About RideZoomers
RideZoomers, Inc is a world supplier of small kind issue electrical automobile (EV) options for private and residential prospects. The firm offers its personal developed seated electrical scooters for quite a lot of private and skilled makes use of. The firm has its headquarters in Livermore, California and at present maintains operations in the United States. Learn extra at https://ridezoomers.com/.
About SPI Energy Co., Ltd.
SPI Energy Co., Ltd. (NASDAQ: SPI) is a world renewable power firm and supplier of photo voltaic storage and EV options that was based in 2006 in Roseville, California and is headquartered in Santa Clara, California.
The firm has three core divisions: SolarJuice residential photo voltaic, the business & utility photo voltaic division comprised of SPI Solar and Orange Power, and the EdisonFuture/Phoenix Motorcars EV division. SolarJuice is the chief in renewable power system options for residential and small business markets and has in depth operations in the Asia Pacific and North American markets. The business & utility photo voltaic division offers a full spectrum of EPC companies to 3rd celebration mission builders, and develops, owns and operates photo voltaic tasks that promote electrical energy to the grid in a number of areas, together with the U.S., U.Okay., and Europe. Phoenix Motorcars is a frontrunner in medium-duty business electrical automobiles, and is growing EV charger options, electrical pickup vans, electrical forklifts, and different EV merchandise.
SPI maintains international operations in North America, Australia, Asia and Europe and can also be concentrating on strategic funding alternatives in quick rising inexperienced industries equivalent to battery storage, charging stations, and different EVs which leverage the Company’s experience and substantial photo voltaic money circulate.
For extra data on SPI Energy and its subsidiaries, the Company recommends that stockholders, traders and every other events learn the Company’s public filings and press releases out there beneath the Investor Relations part at www.SPIgroups.com or www.sec.gov.
Forward-Looking Statements
This press launch incorporates forward-looking statements, as that time period is outlined in the Private Litigation Reform Act of 1995, that contain important dangers and uncertainties. Forward-looking statements might be recognized via using phrases equivalent to “may,” “might,” “will,” “intend,” “should,” “could,” “can,” “would,” “continue,” “expect,” “believe,” “anticipate,” “estimate,” “predict,” “outlook,” “potential,” “plan,” “seek,” and related expressions and variations or the negatives of those phrases or different comparable terminology. Readers are cautioned to not place undue reliance on these forward-looking statements, which mirror the Company’s present expectations and communicate solely as of the date of this launch. Actual outcomes could differ materially from the Company’s present expectations relying upon quite a few components. These components embody, amongst others, the coronavirus (COVID-19) and the results of the outbreak and actions taken in connection therewith, opposed modifications in normal financial and market circumstances, aggressive components together with however not restricted to pricing pressures and new product introductions, uncertainty of buyer acceptance of recent product choices and market modifications, dangers related to managing the expansion of the enterprise, and these different dangers and uncertainties which might be described in the “Risk Factors” part of the Company’s annual report filed on Form 20-F filed with the Securities and Exchange Commission. Except as required by legislation, the Company doesn’t undertake any duty to revise or replace any forward-looking statements.
SPI Energy Co., Ltd. Contact:
IR Department
ir@spigroups.com
Dave Gentry
RedChipCompanies, Inc.
Phone:(407) 491-4498
dave@redchip.com
SOURCE: SPI Energy Co., Ltd.
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