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New World Bolsters EV Fleet with Panyo Acquisition
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New World Bolsters EV Fleet with Panyo Acquisition

Graph Blockchain (TSE:NEWS) has released an update.

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New World Solutions Inc. has announced its acquisition of Panyo AI Technologies, a move set to enhance the company’s presence in the electric vehicle (EV) rental market. This strategic purchase includes an additional five EVs to New World’s fleet, contributing to their existing monthly net income per vehicle. The transaction involves issuing 20 million units to Panyo’s shareholders, potentially expanding New World’s sustainable transportation offerings.

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