Business
Visionary Enters the New Energy Vehicle Field with Eyes on the Global Market
Recently, Visionary Holdings Inc. (hereinafter referred to as "Visionary", NASDAQ stock code: GV), a technology enterprise listed on the NASDAQ Capital Market, announced that after years of research and development, PEGASUS New Energy Vehicles under Visionary were officially launched in 2025. The company aims to create "PEGASUS", the No. 1 brand in the automotive industry ecosystem of an independently developed brand in Canada, which has attracted great attention from the capital market.
About this update from Visionary Holdings Inc.
[{"type":"text","content":"TORONTO, March 3, 2025 /PRNewswire/ -- Recently, Visionary Holdings Inc. (hereinafter referred to as "Visionary", NASDAQ stock code: GV), a technology enterprise listed on the NASDAQ Capital Market, announced that after years of research and development, PEGASUS New Energy Vehicles under Visionary were officially launched in 2025. The company aims to create "PEGASUS", the No. 1 brand in the automotive industry ecosystem of an independently developed brand in Canada, which has attracted great attention from the capital market.","length":556,"tagName":"p"},{"type":"text","content":"Against the backdrop of increasingly strict environmental protection regulations and tightening carbon emission indicators, the global new energy vehicle market is showing a trend of rapid growth. In 2023, the sales volume of new energy passenger vehicles in Europe soared, with the annual growth rate far exceeding expectations; the sales volume of new energy vehicles in the United States also reached a new high, indicating huge market potential. Visionary has keenly captured this market opportunity. With its strong technical accumulation and powerful global resource integration capabilities, it has entered the market with great momentum and is expected to stand out in the highly competitive new energy vehicle market.","length":726,"tagName":"p"},{"type":"text","content":"It is understood that Visionary will adopt a cross-ocean collaborative industrial model. It will achieve localization of vehicle model research and development, design, assembly production, sales, and after-sales service in Canada. At the same time, it will make full use of the advantages of the global automotive parts industry, especially the automotive parts industry in China, and entrust global partner factories to process the production of automotive parts. This model can not only reduce production costs but also improve production efficiency, giving the enterprise an edge in market competition.","length":606,"tagName":"p"},{"type":"text","content":"In terms of product planning, Visionary will initially launch two core vehicle models: one is a compact intelligent electric sedan targeting young urban commuters, with a cruising range of 400-500 kilometers, equipped with an intelligent interactive cockpit and advanced automatic driving assistance functions; the...