Press Room DiMora Project Sunsource to Launch in Vietnam
Letters of Intent Signed
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FOR IMMEDIATE RELEASE
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Marie Duffy

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www.dimoramotorcar.com.com

DiMora Enterprises Logo  Mai Linh Group Logo

DiMora Project Sunsource to Launch in Vietnam

Letters of Intent Signed with Vietnamese Partner and Provincial Government

Palm Springs, California – March 29, 2017 – DiMora Enterprises, LLC has accelerated its plan to develop and manufacture fully electric automobiles as confirmed through letters of intent with Vietnamese partner and customer, Mai Linh Group and a Memorandum of Understanding with the Thanh Hoa Provincial Government.

The new DiMora Vietnam subsidiary of DiMora Enterprises, LLC will introduce all-electric vehicles manufactured from a facility tentatively to be located in Thanh Hoa Province.

The planned DiMora automobile manufacturing facility will be capable of up to 30,000 vehicles annually for distribution initially into the Vietnamese market, with expansion slated into the ASEAN region and beyond over time.

Supercharged Engine

Sir Alfred J. DiMora Meets with Deputy Prime Minister Trinh Dinh Dung in Hanoi

The first of DiMora's electric vehicles will be distributed by the Mai Linh Group in order to start replacing their gas-powered fleet of taxicabs with the new electric vehicles.

The total investment for the project is expected to be in the range of $350 million to $500 million USD. Additional investments include a local and global supplier base to be located near the DiMora Vietnam facility, all of which are estimated to support and expand the Vietnamese automotive industry as a whole and employ a significant number of workers locally.

"Our company is continuing to expand our reach into the green marketplace with innovative technologies," said Sir Alfred J. DiMora, Founder of DiMora Enterprises, LLC. “We hope to make a positive impact on the environment in that part of the world with our unique automobiles and we are looking forward to our partnership with Mai Linh Group and the Thanh Hoa Provincial Government.”

Mr. Ho Huy

Mr. Ho Huy, Founder of Mai Linh Group

Technologies offered in these fully electric, zero-emissions vehicles include advanced batteries to allow longer range and shorter charging times, state-of-the-art power management algorithms, safety features found in global markets, and consistency with global quality and robust standards.

Additional details will be provided as the program develops.

About DiMora Enterprises, LLC

Based in Palm Springs, California, DiMora Enterprises, LLC, serves as the parent company to numerous other business entities, including DiMora Motorcar. The automotive division excels in providing distinctive, limited-edition transportation solutions. The DiMora Neoclassics series of luxury automobiles includes the Vicci 6.2, now in production, and the Adina, now in the prototype phase. DiMora Custom Bikes, another subsidiary of DiMora Enterprises, LLC, produces custom-made, two-wheeled modes of transportation.

Sir Alfred J. DiMora co-founded the Sceptre Motorcar Company, whose Sceptre 6.6S received Best-of-Show honors at the 1978 Los Angeles Auto Show. DiMora also founded the new Clenet Coachworks, Inc. in the 1980's to continue designing and building the Clenet series of automobiles. When President Reagan declared 1986 the Centennial Year of the Gasoline-Powered Automobile, DiMora’s Clenet was selected as the Official Centennial Car, resulting in honors for DiMora and the Clenet at the Automobile Hall of Fame in Michigan. For additional information, please visit DiMoraMotorcar.com and DimoraCustomBikes.com.

About Mai Linh Group

Mai Linh Group was founded by Mr. Ho Huy. The company started off as a car rental business that consisted of two vehicles and twenty-five employees in Ho Chi Minh City. The Mai Linh Group now operates with more than 100 member companies residing in six business regions throughout Vietnam.

The goal of the Mai Linh Group is to provide exceptionally high quality transportation services as well as provide professional customer service and drive customers to use environment-friendly vehicles. The Mai Linh Group has become a leading brand name in the Vietnam Transportation Industry. The company now employees over 25,000 employees and has 15,000 taxi cabs throughout Vietnam. The Mai Linh Group holds the highest record as the largest taxicab fleet of Vietnam. For more information, please visit www.mailinh.vn.