GRAND CAYMAN, Cayman Islands, Jan. 14, 2025 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH) (“SRIVARU” or the “Company”), a leading name in EV motorcycle innovation, is thrilled to announce the successful commencement of its much-anticipated annual event, SVM Day . This event marks the company’s continued commitment to shaping the future of personal mobility through cutting-edge technology, sustainability, and user-centric design.

The event, to be held online on Jan 15 th 10:00AM EST https://www.youtube.com/@srivarumotors , brings together SVM’s valued stakeholders, including investors, partners, dealers, customer and members of the media, to celebrate the company's achievements over the past year and outline its ambitious plans for 2025.

SVM Day provides a unique platform to showcase the brand's dedication to enhancing the electric vehicle experience, emphasizing its unwavering focus on performance, quality, and environmental consciousness.

Key Highlights:

  • Achievements in 2024: Reflecting on the milestones achieved, including advancements in product offerings, market expansion, and strategic partnerships.
  • Vision for 2025: A sneak peek into the transformative plans that promise to elevate the personal mobility experience, setting new benchmarks in the industry.
  • Dealer Network Expansion: Updates on the company's strategic growth in India, aimed at increasing accessibility and convenience for customers.

Mohanraj Ramasamy, CEO of SRIVARU Motors, shared his thoughts:
“From day one, SVM has been driven by a bold mission: to redefine personal transportation with world-class experiences powered by sustainable energy. Today, as we celebrate SVM Day, we stand at the cusp of an exciting future, fueled by innovation and a relentless pursuit of excellence.”

What’s Next?
Attendees will witness glimpses of SVM’s forward-looking strategy, including innovative solutions aimed at addressing the growing demand for premium electric mobility in India and beyond. The event promises moments of surprise and excitement, showcasing how SVM plans to lead the industry in 2025 and beyond.

SVM Day represents a celebration of progress, a vision for the future, and a reaffirmation of SVM’s commitment to creating long-term value for its customers, partners, and stakeholders.

For more information, visit www.srivarumotors.com or www.svmh.ai https://www.youtube.com/@srivarumotors.

Forward Looking Statements

This communication may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. These forward-looking statements are based on SRIVARU’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. When used in this communication, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” “promises “ and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements.

These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside SRIVARU’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks, uncertainties, assumptions and other important factors include, but are not limited to: (a) the inability to obtain financing to complete SRIVARU’s planned expansion; (b) the inability to successfully appeal the Nasdaq’s delisting determinations; (c) costs related to ongoing operations; (d) the possibility that SRIVARU may be adversely affected by other economic, business, and/or competitive factors; (e) SRIVARU’s ability to execute its business plans and strategies, (f) SRIVARU’s estimates of expenses and profitability; and (g) other risks and uncertainties indicated from time to time in SRIVARU’s public filings with the SEC, including those under “Risk Factors” therein. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

These forward-looking statements speak only as of the date of this press release and, except to the extent required by applicable law, SRIVARU undertakes no obligation to update or revise these statements, whether as a result of any new information, future events and developments or otherwise.

Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and SRIVARU assumes no obligation and, except as required by law, do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. SRIVARU gives no assurance that it will achieve its expectations.