Massimo announces transition to nearshoring manufacturing model

In response to ongoing global supply chain volatility and tariff-related pressures, Massimo (MAMO) Group announced a strategic transition to a nearshoring manufacturing model, establishing new production capabilities closer to its core North American markets. By diversifying its manufacturing footprint beyond East Asia, the company is significantly reducing shipping risk, improving lead times, and gaining greater control over quality assurance and inventory management. These changes are expected to improve gross margins, enhance working capital efficiency, and protect shareholder value. By relocating key production closer to end markets, Massimo expects to: Reduce reliance on long-haul container shipping and global ports Improve fulfillment velocity across its dealer network; Elevate ESG performance by reducing carbon footprint; Accelerate rollout of modular vehicle platforms and smart system integration.