Leo Motors Opens Its Own Manufacturing Facility

Leo will produce more than 1,000 units of Hilless 1, 3, and 5 scooters per month in the new plant. As Leo now can control the manufacturing process of products, it can enhance the quality of its scooters. Leo anticipates that its manufacturing costs should go down due to the elimination of the need to pay an outside manufacturer. Prior to opening this plant, Leo outsourced its manufacturing to an independent supplier’s facilities, which Leo had determined was not cost effective.

Dr. Robert Kang, CEO of Leo Motors, said, "Operating our own plant will give us more security in protecting our intellectual property as well as cost leadership and quality enhancement." With the opening of the new plant, Leo intends to begin global sales of its scooters and to show its scooters in international exhibitions and fairs more actively.

Leo Motors is engaged in the development, manufacture and sale of electric vehicles ("EVs") and EV components. Leo has designed many original EVs and has converted many models of existing internal combustion engine ("ICE") vehicles into EVs, including scooters, motorcycles, full speed sedans highway buses and trucks. Leo Motors has also developed several original EV components, and is actively marketing them as a bundled conversion kit for ICE vehicles.