Leo Motors to Develop Electric Scooters for Brazil
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| Title: | Leo Motors to Develop Electric Scooters for Brazil |
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| Authors: | Leo Motors, Inc. |
| Source: | Business Wire (English). 02/03/2011. |
| Abstract: | Leo Motors, Inc. (OTC Markets: LEOM) has reached an agreement to develop electric scooters for DAFRA Motos, one of the largest motorcycle companies in Brazil. Under the agreement, Leo will develop electric scooters using DAFRA’s internal combustion engine (ICE) scooter branded as “Smart 125.” DAFRA will pay for the development costs and provide bodies of Smart 125 scooters to Leo. [ABSTRACT FROM PUBLISHER] |
| Database: | Regional Business News |
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| Abstract: | Leo Motors, Inc. (OTC Markets: LEOM) has reached an agreement to develop electric scooters for DAFRA Motos, one of the largest motorcycle companies in Brazil. Under the agreement, Leo will develop electric scooters using DAFRA’s internal combustion engine (ICE) scooter branded as “Smart 125.” DAFRA will pay for the development costs and provide bodies of Smart 125 scooters to Leo. [ABSTRACT FROM PUBLISHER] |
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