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TUGA Innovations, Inc. announced the appointment of Samuel Gomez as the new Head of Engineering for its Portuguese operations. Gomez, an experienced product developer and mechanical engineer, brings over 12 years of expertise in mechanism optimization and project management. He will oversee performance metrics related to TUGA's innovative electric vehicle designs, aimed at enhancing urban mobility. The company also noted the resignation of former CTO Kraig Shultz, who remains on the board. CEO John Hagie expressed enthusiasm for the progress and future potential of TUGA's electric vehicle project.
TUGA Innovations has appointed veteran transportation executive Fernando Pinto as its inaugural advisory board member. With extensive experience as CEO of TAP Portugal Airlines and leadership roles in major aviation organizations, Pinto will leverage his network to support TUGA's mission to address urban mobility challenges through innovative electric vehicles. The advisory board aims to enhance the company's strategic initiatives, facilitating partnerships across public and private sectors. CEO John Hagie expressed gratitude for Pinto's expertise, emphasizing its importance for the company’s growth and shareholder value.
TUGA Innovations, Inc. (CSE: TUGA, OTC: TUGAF) has received approval from the Depository Trust Company (DTC) for DTC eligibility, enabling the electronic clearing and settlement of its common shares in the U.S. market. This milestone is aimed at enhancing its market presence in the U.S. and providing cost-efficient trading for current and prospective shareholders. The company is developing an innovative three-wheeled electric vehicle designed to improve urban mobility, offering an estimated range of 160 km and a top speed of 140 km/h.
TUGA Innovations, Inc. has initiated a proactive brand identity program aimed at enhancing product recognition within the competitive electric vehicle market. Led by Chief Marketing Officer Ross Plummer and Executive Creative Director John Filipe, the company is crafting a premium brand identity, featuring a redesigned logo and visual marketing elements. This initiative reflects their vision to ease urban mobility challenges through innovative vehicle design. The company plans to update its website with new branding, aiming to establish a strong consumer narrative throughout 2022.
TUGA Innovations, a company focused on urban mobility solutions, has filed a U.S. provisional patent for its innovative ELVC system, aimed at enhancing passenger comfort in its forthcoming electric vehicle, the TUGA. This three-wheeled, two-seat EV is designed for agility with a motorcycle-like width and promises a range of 160 km and a top speed of 140 km/h. In addition, TUGA has engaged Venture Liquidity Providers for market-making services to improve share liquidity, highlighting the company's commitment to stakeholder communication and innovative design.
TUGA Innovations, a Vancouver-based electric vehicle company, is expanding its focus from urban mobility to the metaverse. Co-founders António Câmara and Edmundo Nobre are leveraging their expertise in augmented and virtual reality to create a digitally enhanced all-electric vehicle, integrating advanced technologies for sales and marketing. The company aims to develop an innovative urban vehicle with features like a 160 km range and a top speed of 140 km/h. With a strong digital team and experience, TUGA is positioning itself for a significant role in the evolving automotive landscape.
TUGA Innovations has announced the election of CEO John Hagie as the new Board Chairperson, emphasizing the importance of governance for growth.
With advanced product development in progress, the board aims to align strategic goals for fiscal 2022. Hagie brings extensive experience from HP, focusing on rapid product cycles and innovation.
The company is developing a three-wheeled electric vehicle designed to enhance urban mobility with advanced connectivity and a top speed of 140 km/h. A clear strategic path and governance are now prioritized for future growth.
TUGA Innovations has formed a strategic partnership with Optimal Structural Solutions to enhance the development of its electric vehicle aimed at urban mobility. This collaboration will leverage Optimal's expertise in advanced materials, improving the vehicle's performance, structural integrity, and ergonomics. TUGA plans to manufacture its innovative three-wheeled EV within 18 to 24 months, targeting a range of 160 km and a top speed of 140 km/h. The partnership strengthens TUGA’s engineering capabilities and aims to address urban transport challenges effectively.
TUGA Innovations, Inc. (OTC: TUGAF) announced a major milestone in its electric vehicle (EV) development by releasing a video showcasing a functional prototype. The vehicle is designed to improve urban mobility, featuring a patent-pending expandable rear axle and advanced connectivity technology. The Company has achieved significant progress in partnership with VANGEST S.A. and is entering the next phase of development by engaging select partners. Additionally, TUGA has received approval for OTC listing, enhancing accessibility for investors.