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American Wealth Mining Corporation (OTC:HIPH) has announced a strategic shift to focus on sustainable electric construction vehicles, following strong initial sales from its partnership with New Energy Asia Pacific. The company will change its name to New Energy CV Corporation (NECV) while retaining the HIPH ticker. The global electric construction vehicle market, currently valued at $50.5 billion, is projected to reach $138.7 billion by 2030, driven by stringent emissions regulations and infrastructure development. New Energy plans to deliver over 1,000 vehicles in 2023, and AWM aims to establish operations and OEM partnerships in the U.S. and other territories.
American Wealth Mining Corporation (OTC:HIPH) has announced a Memorandum of Understanding (MOU) with Sino Express Intelligence Co,. Ltd. to develop the Smart Village Electric Vehicle (EV) Charging Station Business Plan in rural Hong Kong. The project aims to establish over 300 EV charging stations, with 600-1,200 ultra-fast chargers and 5,000-7,000 medium-speed chargers over five years. New Energy, which AWM recently invested in, will distribute construction EVs and supply EV chargers. This partnership aims to enhance renewable energy projects and establish New Energy as a leader in the commercial EV and sustainable development sectors.
American Wealth Mining Corporation (OTC: HIPH) announced a major development as it enters a Term Sheet for a Convertible Credit Facility with New Energy Asia Pacific Company Limited. This facility allows AWM to increase its ownership in New Energy, aiming for over 40%. The company has also finalized a Joint Venture with New Energy for exclusive distribution of electric construction vehicles across multiple territories including North America and Australia. New Energy expects to deliver over 300 vehicles in Hong Kong in 2023. With the global off-highway electric vehicle market projected to reach USD 42.70 billion by 2030, AWM positions itself to capitalize on this growth.
American Wealth Mining Corporation (OTC: HIPH) announced a binding Letter of Intent to acquire its first HAPI Cafe in New York City, aiming to open 20 locations in New York State over the next 18 months. This initiative follows a previous agreement with Sharing Services Global Corporation, making AWM the exclusive licensee for HAPI Cafe in the state. CEO Ryan Fishoff highlighted this milestone as pivotal for the company’s strategy to enhance its revenue through innovative consumer experiences, targeting significant income once multiple cafe locations are operational.
American Wealth Mining Corporation (OTC: HIPH) has announced a Joint Venture (JV) with New Energy Asia Pacific to distribute electric construction vehicles globally. The JV will have exclusive rights in North America, UAE, Singapore, Australia, Malaysia, South Korea, and Indonesia. New Energy plans to deliver over 300 vehicles in Hong Kong in 2023, with a projected global electric vehicle market worth $42.70 billion by 2030, growing at a CAGR of 31.7%. CEO Ryan Fishoff emphasized the potential for AWM to lead in the construction EV market and align with sustainable investment goals.
American Wealth Mining Corporation (OTC:HIPH) has announced its investment in New Energy Asia Pacific Company Limited, which launched a right-hand drive electric mixer truck in Hong Kong. New Energy has signed a memorandum to supply 25 electric mixer trucks to a local construction firm for trial runs aimed at replacing diesel-powered vehicles. The company plans to build electric vehicle charging stations in coordination with Hong Kong government departments to promote electric vehicle adoption. New Energy aims to deliver 100, 300, and 500 units of electric vehicles over the next three years.
American Wealth Mining Corporation (OTC:HIPH) has entered a term sheet with Lik Fong HK Limited to acquire a 10% ownership in New Energy Asia Pacific Company Limited, a Hong Kong firm specializing in electric construction vehicles. The investment aligns with the growing demand for sustainable construction practices driven by Hong Kong's government initiatives towards carbon neutrality by 2050. New Energy offers all-electric industrial vehicles from brands eTech and Foton, capitalizing on the eco-friendly trend in construction. This acquisition signals AWM's strategic shift towards wealth mining and sustainable growth.
American Premium Mining Corporation (OTC: HIPH) is shifting its business strategy towards financial technology (FinTech) and personal wealth development through its new initiative called “Wealth Mining.” This program includes the launch of the “Hapi Wealth Builder” for educational purposes. Additionally, APM will become the exclusive franchisee of Hapi Café in New York, opening multiple locations in the next 18 months. APM intends to change its name to American Wealth Mining Corporation while keeping its ticker symbol HIPH, reflecting its new business focus.
American Premium Mining Corporation (OTC:HIPH) has completed the acquisition of CloudXchange DataCentre Inc., focusing on crypto-mining and staking. The company has installed its first phase of mining rigs in Singapore, which include Innosilicon A11, Bitmain Antminer L7, and Goldshell KD6, now fully operational. CloudX aims to achieve a guaranteed $1.5 million earnings in the first year. Future phases will incorporate Bitmain S19J Pro rigs for Bitcoin mining, emphasizing scalability and sustainability in operations.
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