EWING, NJ, March 02, 2018 (GLOBE NEWSWIRE) -- TGI Weekly Update. TGI SOLAR POWER GROUP INC. (OTC Markets: TSPG) (“TGI”), a diversified technology company, would like to take this opportunity to provide a corporate update to its shareholders and interested parties.
Our legal and accounting professionals are continuing with final preparation of 10-Q SEC filings for the past two quarters.
TGI continues to make progress with its manufacturing partners in gearing up for the production of Specialty Electric Vehicles. TGI and its partners are beginning detailed engineering to prepare low cost foreign manufacturing of US designed electrics vehicles to serve demand in growing foreign market demand.
TGI and its partner, evTS, previously agreed that evTS will be responsible for engineering and new European vehicle designs, while TGI will be responsible for business development, sales, marketing, financing and local manufacturing requirements. The initial hub for the Joint Venture operation in Europe will be established in Kiev.
About ev Transportation Services, Inc, (http://evtaas.com). evTS’ mission is to become the premier company in the fleet management solutions business through the design and development of energy efficient all-electric utility vehicles for the “Essential Services” transportation market, providing tightly integrated vehicle connectivity.
For more information please see www.otcMarkets.com under ticker symbol "TSPG", and visit our Facebook page
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About TGI Solar: TGI SOLAR POWER GROUP INC. is a diversified holding company. TGI's strategy is to acquire innovative and patented technologies, components, processes, designs and methods with commercial value that will give competitive market advantage and generate shareholder value.
Safe Harbor Statements under the Private Securities Litigation Reform Act of 1965: Those statements contained herein which are not historical are forward-looking statements, and as such, are subject to risks and uncertainties that could cause actual operating results to materially differ from those contained in the forwardlooking statements. Such statements include, but are not limited to, certain delays that are beyond the company's control, with respect to market acceptance of new technologies, or product delays in the testing and evaluation of products, and other risks, as detailed in the company's periodic filings with the Securities and Exchange Commission
* FireFly ESV ® is a licensed registered trademark of ev Transportation Services, Inc.
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| Source: TGI Solar Power Group, Inc.