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American Wealth Mining Corporation to Fully Transition to Renewable Vehicles and Sustainable Investments With New Corporate Name and Identity as New Energy CV Corporation
American Wealth Mining Corporation to Fully Transition to Renewable Vehicles and Sustainable Investments With New Corporate Name and Identity as New Energy CV Corporation.
About this update from American Premium Water Corporation
[{"type":"text","content":"\n The Company Seeks to Fully Devote Resources and Focus on Electric Construction Vehicles After the Initial Sales From Its Investment and Partnership With New Energy Asia Pacific Have Exceeded Initial Expectations LAS VEGAS, NV, March 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – American Wealth Mining Corporation  (OTC:HIPH) (\"AWM\" or the \"Company”) is pleased to announce that its Board of Directors has approved the Company’s strategic shift towards sustainable electric construction vehicles, furthering the Company’s focus on its investment and joint venture agreement with New Energy Asia Pacific Co. LTD (“New Energy”) to have exclusive distribution rights in the US, Australia, Korea, Dubai, Indonesia, Singapore, and Malaysia for electric construction vehicles.    The electric construction industry is still very nascent, as not one player has established itself in the market. According to a report by Grand View Research, the global electric construction vehicle market is valued at $50.5 billion and is expected to reach USD 138.7 billion by 2030. This growth is being fueled by an increase in global demand for off-highway EVs that adhere to strict emission rules by governmental organizations, such as emission requirements for Greenhouse Gas (GHG) emissions. These regulations, coupled with the worldwide increase in  infrastructure development, is causing this sector to markedly increase in size. New Energy offers a comprehensive offering of electric construction vehicles, offering eTech electric excavators, wheel loaders and vans, and Foton electric dump trucks and electric mixers. In accordance with the Company’s strategic shift, AWM will be changing its name to  New Energy CV Corporation (NECV); HIPH will remain as the Company’s ticker symbol. The name change will allow the Company to market itself clearly on its electric construction vehicle focus. The Company will continue to maintain its Hapi Investment division where its other investments that focus on the sustainable living system will remain to maximize the returns on those investments.   Ryan Fishoff, CEO, commented “I am pleased to announce the Company has made the decision to focus our efforts towards electric construction vehicles. Since we made our initial investment in...