Business
TV Interview Covers Future of Automotive Industry and 2050 Motors
TV Interview Covers Future of Automotive Industry and 2050 Motors.

About this update from Fomo Worldwide, Inc.
[{"type":"text","content":"\n\n LAS VEGAS, NEVADA, June 16, 2016 (GLOBE NEWSWIRE) -- Today Michael Hu, President of 2050 Motors, Inc. (US OTCQB: ETFM), stated that Joseph LaStella P.E.C.E. Ret., a Senior Engineering Consultant for 2050 Motors, was interviewed on the \"The Big Biz Show.\" Mr. LaStella presented some interesting and independent views on the future of not only electric cars but the entire automobile industry.\n   The interview was conducted on Tuesday June 7, 2016 and the show was not only humorous but Mr. LaStella brought with him to the studio many carbon fiber pieces for presentation, including the entire front end of the e-Go car. The exhibition also included two YouTube videos that demonstrate the indestructability of the e-Go carbon fiber material. The first video shows a frontal crash test of the e-Go at 35 mph into a concrete wall with very little indication of damage. The second video shows .38 caliber bullets bouncing off a carbon fiber plate of the same thickness of the e-Go body. The plate was presented at the interview to review first-hand the minimal damage done by the bullets.   It’s also interesting to note that later on the same day of the interview a major article was published in The Wall Street Journal titled “How Auto Companies Are Making Their Cars Lighter” (http://www.wsj.com/articles/how-auto-companies-are-making-their-cars-lighter-1465351441) which covered specifically many of the items illustrated in the LaStella interview and confirming many of his statements. This article clearly represents the future of the automobile industry wherein it is experiencing a paradigm shift to ultra-low-weight vehicles such as aluminum alloy and carbon fiber. Carbon fiber is five times stronger than steel and one third the weight of steel, which makes it the ideal material for future automobiles. 2050 Motors electric vehicles make use of these types of materials including extruded aluminum alloy frames and the first complete carbon fiber bodies available at consumer prices today. It took five years for Italian and Chinese engineers to develop a low cost process to make this vehicle possible. Because of these breakthrough technologies, no other company can offer a carbon fiber vehicle at reasonable consumer prices other than 2050 Motors, Inc.   This in depth interview clearly demonstrated the competiti...