Expansion Updates

Strategic Collaboration Between MCB and EV Dynamics to Form Green Operations Subsidiary

MCB DAO and EV Dynamics (EVD) have strategically partnered to form a subsidiary focused on green operations such as commercial electric vehicles (EVs) and biofuels. This initiative will target hyper-growth regions within Asia and Africa (AA), leveraging both companies' strengths to drive sustainable development and market expansion.

In brief

  1. Formation of a Green Operations Subsidiary: MCB DAO and EV Dynamics have strategically partnered to form a subsidiary focused on green operations, including commercial electric vehicles (EVs) and biofuels, targeting hyper-growth regions in Asia and Africa.

  2. Leveraging Expertise and Resources: The collaboration combines EV Dynamics' advanced technologies in electric vehicles and battery solutions with MCB's innovative venture capital platform, aiming to expand operations and enhance market perception in sustainable sectors.

  3. Commitment to Sustainability: This partnership not only drives significant advancements in the commercial EV and biofuel sectors but also highlights MCB's dedication to its DePower and EV initiatives, reinforcing their commitment to green energy solutions and sustainable development.

About

>> MCB Ventures

MCB DAO is an innovative venture capital platform operating within the blockchain ecosystem. We aim to bridge traditional G2G (Government to Government) projects and mega initiatives with the cutting-edge realms of Real World Assets (RWA) and Decentralized Physical Infrastructure Networks (DePIN). Our strategic focus includes sectors such as sustainable energy, biofuel production, next-gen data center operations, and education, underpinned by solid business models and government-backed agreements.

>> EV Dynamics

EV Dynamics (HK: 476), a publicly listed company in Hong Kong since 1996, is renowned for integrating cutting-edge technologies to develop high-tech products and applications that enhance daily life. EVD's primary business sectors include electric vehicles, battery technology, and mining. Utilizing their advanced proprietary lithium-ion polymer solid battery technology, they have secured their first electric bus project with the Hong Kong Productivity Council. EVD has also established strategic alliances with QEV Technologies, Quantron, W Motors, Citizens, and GET to expand into international markets, ensuring compliance with European and American homologation standards for their full range of electric vehicles.

Subsidiary Focus and Management

The newly formed subsidiary will concentrate on green operations, including commercial EVs and biofuels, particularly in rapidly growing regions of Asia and Africa. This strategic focus aims to address the increasing demand for sustainable solutions in these high-growth areas.

  • Management: Managed by MCB.

  • Future Business Development: The subsidiary will focus on expanding operations and enhancing market perception, aiming to increase the value for all stakeholders through successful green initiatives.

>> Strategic Goals

  • Expand Operations: Focus on hyper-growth regions within Asia and Africa, leveraging local opportunities and government partnerships to drive growth.

  • Enhance Market Perception: Promote the subsidiary’s green initiatives to position it as a leader in sustainable operations.

  • Increase Parent Company Valuation: Successful implementation of green projects will enhance the overall valuation of both MCB and EVD.

What is

MCB

The strategic collaboration between MCB and EV Dynamics to form a subsidiary focused on green operations marks a significant step towards sustainable development in Asia and Africa. By leveraging their combined expertise and resources, the subsidiary is poised to make a substantial impact in the commercial EV and biofuel sectors, driving growth and innovation in hyper-growth regions. This establishment also highlights MCB's commitment to its DePower and EV initiatives, reinforcing their dedication to sustainability and green energy solutions.

This partnership underscores the commitment of both MCB and EVD to sustainability and innovation, setting the stage for a greener future in high-potential markets.