MOKE International has agreed to sell up to 100% of its shareholdings to EV Technology Group (EVTG), bolstering the famous British marque as it prepares for an exciting and expanding future as a fully electric global brand.
EVTG specialises in electrifying iconic automotive brands and the strategic move comes as MOKE International launches the new British-built Electric MOKE – an emissions-free continuation of the legendary 1964 Mini Moke that is already building long waiting lists in France and the UK. MOKE International will benefit from EVTG’s world-class product development, engineering, and manufacturing capabilities, and will be perfectly placed to expand rapidly into global markets.
Isobel Dando, CEO of MOKE International “I am proud and excited that MOKE International is becoming part of the EV Technology Group. It is the perfect Company to take our rapidly growing business to the next level with the right balance of expertise, investment, and ambition. EV Technology Group’s in-house expertise, and customer-centric technologies will also be invaluable to us as we continue to develop the Electric MOKE and more pioneering products. I am also looking forward to working closely with Wouter and the entire EV Technology Group leadership team to further develop MOKE International and other exciting brands to come.”
AutoBrief Snippets
- MOKE International agrees to sell up to 100% of its shareholdings to EV Technology Group (EVTG) in strategic move designed for global expansion
- Move comes as MOKE International launches new Electric MOKE which reinvigorates and reinvents one of Britain’s most cherished automotive icons
- MOKE International will benefit from EVTG’s engineering and design expertise and is primed to expand into global markets with the new UK-built Electric MOKE
- EVTG acquires and electrifies iconic automotive brands with a mission to create and redefine the joy of motoring for the electric age
- Electric MOKE is on sale now with first customer deliveries due in the coming weeks