TORONTO, May 31, 2024
/PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ:
GV), a private education provider with technology of artificial
intelligence and life science on the cutting edge, with
subsidiaries in Canada and market
partners in China, today announced
the Company aims to lead the new energy vehicle industry which will
bring boundless performance in future.
Currently, Canada does not have
a domestically developed new energy vehicle brand. To seize this
rare opportunity, Visionary is actively developing in the new
energy field, striving to become the first Canadian company to
develop and supply its own brand of new energy vehicles.
Visionary is about to launch its independently developed new
energy vehicle products, including sports cars, microcars, cold
chain/logistics vehicles, trucks, electric buses, and yachts. With
a wealth of cutting-edge specialized technologies in the electric
and hybrid vehicle fields, the Company's future looks
promising.
With increasing environmental awareness and the threat of energy
crises, new energy vehicles have gradually become the focus of
attention. From the initial single electric vehicle to the current
various types of new energy vehicles, continuous innovation and
technological breakthroughs in the automotive industry have led to
many new trends in the development of the new energy vehicle
sector.
First Trend: Electrification
Electrification is one of the main trends in new energy
vehicles. Many car companies have invested significant amounts of
research funding and manpower to develop electric vehicles. In
addition to traditional pure electric and hybrid vehicles, there
are now plug-in hybrid vehicles and fuel cell vehicles. The
emergence of these models continues the development trend of
electric vehicles and improves their efficiency.
Second Trend: Intelligentization
Intelligentization is another major trend for future new energy
vehicles. With continuous advancements in artificial intelligence
technology, new energy vehicles will no longer be just simple means
of transportation. They will connect with smart homes, spaces, and
transportation systems. This connection forms a complex system
involving data interaction and transmission, thereby achieving a
more intelligent way of traveling.
Third Trend: Lightweighting
Lightweighting is an important trend in the future development
of new energy vehicles. Future new energy vehicles will use more
lightweight body materials, power systems, and structural designs.
These innovations will significantly reduce the overall weight of
the vehicles, lower energy consumption, and improve battery range,
thereby achieving better environmental benefits.
Fourth Trend: Diversification and Personalization
Diversification and personalization are another important
development trend for future new energy vehicles. In the new energy
vehicle sector, as it continues the traditional automotive model,
the diversification of models and personalization of user needs
have become inevitable trends. For example, SUV-type new energy
vehicles are more suitable for the mass market, while high-end
owners expect new energy vehicles to offer superior quality and
services. Therefore, the future product line of new energy vehicles
will be more diverse to meet the needs of different users.
Fifth Trend: Green Mobility
Green mobility is another important trend in the development of
new energy vehicles. As environmental awareness gradually
increases, people are paying more attention to achieving truly
green travel by using new energy vehicles.
Overall, the development trends of new energy vehicles not only
include electrification, intelligentization, lightweighting,
diversification and personalization, and green mobility but also
encompass their deep integration and application with cities and
smart homes, among other areas. In the future, these elements will
become more closely interconnected, forming an integrated,
intelligent, and green ecosystem. Therefore, the development
potential and market prospects of new energy vehicles will continue
to be deeply enhanced and expanded.
About Visionary Holdings Inc.
Visionary Holdings Inc. headquartered in Toronto, Canada, is a private education
provider located in Canada, with
subsidiaries in Canada and market
partners in China, that offers
high-quality education resources to students around the globe. The
Company aims to provide access to secondary, college, undergraduate
and graduate and vocational education to students in Canada through technological innovation so
that more people can learn, grow and succeed to their full
potential. As a fully integrated provider of educational programs
and services in Canada, the
Company has been serving and will continue to serve both Canadian
and international students. For more information, visit the
Company's website at https://ir.visiongroupca.com/.
Forward-Looking Statements
All statements other than statements of historical fact in this
announcement are forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on the Company's current expectations and projections
about future events that the Company believes may affect its
financial condition, results of operations, business strategy and
financial needs. Investors can identify these forward-looking
statements by words or phrases such as "believes," "expects,"
"anticipates," "estimates," "intends," "would," "continue,"
"should," "may," or similar expressions. The Company undertakes no
obligation to update or revise publicly any forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results and encourages investors to
review other factors that may affect its future results in the
Company's registration statement and in its other filings with the
SEC.
For more information, please contact:
Visionary Holdings Inc.
Investor Relations Department
Email: ir@farvision.ca
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SOURCE Visionary Holdings Inc.
