PowerBand Solutions Inc.: PowerBand and U.S. Electric Truck Maker Atlis Motor Vehicles Sign MOU to Offer Leasing, Purchasing and Insurance Services
VANCOUVER, BC / ACCESSWIRE / May 19, 2021 / PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (FSE:1ZVA) (
PowerBand ,
MOU ) to use its DRIVRZ
technology to supply leasing, purchasing, and other financial services to emerging electric truck manufacturer and subscription EV provider, Atlis Motor Vehicles Inc.
( ATLIS ).
Both companies intend to work together to develop a bespoke, white-labelled marketplace for ATLIS, allowing buyers of Atlis XT trucks to purchase, lease, and insure their vehicles from any digital devices.
In addition to traditional ownership models, Arizona-based ATLIS is also building an all-inclusive subscription model for electric vehicle users. It plans to begin selling its XT electric pickup truck and subscriptions in the United States by 2022. It is currently taking advance reservations for the XT, which o
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