TORONTO, March 3, 2025 /PRNewswire/ -- Recently, Visionary Holdings Inc. (hereinafter referred to as "Visionary", NASDAQ stock code: GV), a technology enterprise listed on the NASDAQ Capital Market, announced that after years of research and development, PEGASUS New Energy Vehicles under Visionary were officially launched in 2025. The company aims to create "PEGASUS", the No. 1 brand in the automotive industry ecosystem of an independently developed brand in Canada, which has attracted great attention from the capital market.
Against the backdrop of increasingly strict environmental protection regulations and tightening carbon emission indicators, the global new energy vehicle market is showing a trend of rapid growth. In 2023, the sales volume of new energy passenger vehicles in Europe soared, with the annual growth rate far exceeding expectations; the sales volume of new energy vehicles in the United States also reached a new high, indicating huge market potential. Visionary has keenly captured this market opportunity. With its strong technical accumulation and powerful global resource integration capabilities, it has entered the market with great momentum and is expected to stand out in the highly competitive new energy vehicle market.
It is understood that Visionary will adopt a cross-ocean collaborative industrial model. It will achieve localization of vehicle model research and development, design, assembly production, sales, and after-sales service in Canada. At the same time, it will make full use of the advantages of the global automotive parts industry, especially the automotive parts industry in China, and entrust global partner factories to process the production of automotive parts. This model can not only reduce production costs but also improve production efficiency, giving the enterprise an edge in market competition.
In terms of product planning, Visionary will initially launch two core vehicle models: one is a compact intelligent electric sedan targeting young urban commuters, with a cruising range of 400-500 kilometers, equipped with an intelligent interactive cockpit and advanced automatic driving assistance functions; the other is a medium-sized luxury electric SUV that meets the needs of family travel and business reception, with a cruising range of 500-600 kilometers, boasting a luxurious and comfortable driving space and high-end configurations. In the later stage, pickup trucks, heavy-duty truck logistics models, and urban special-purpose vehicle models will be successively launched. In addition, Visionary will cooperate with global leading battery suppliers and introduce high-energy-density solid-state battery technology, achieving the excellent performance of charging from 10% to 80% in just 10 minutes, bringing consumers a better user experience.
In order to enhance brand awareness and market share, Visionary has formulated a comprehensive marketing strategy. It will actively participate in top auto shows in Europe and the United States, plan to invite international superstars as brand ambassadors, and conduct word-of-mouth promotion through social media and automotive forums. At the same time, it will set up brand direct sales experience stores and after-sales service centers in core cities around the world, cooperate with local large-scale dealer groups, and build an official online store and flagship stores on e-commerce platforms to achieve integrated online and offline development.
In terms of production and operation, Visionary will rely on the mature global automotive parts industry clusters, entrust top global factories for processing, and cultivate local suppliers in Canada. The localization rate of automotive parts will reach more than 40%. In particular, it will maintain core local research and development advantages in the three-electric system and intelligent driving system of new energy vehicles to reduce supply risks. During the production process, it will fully adopt the Industry 4.0 flexible production line, with an automation rate of up to 85%, ensuring efficient and accurate production capacity output. Visionary will also strictly follow the quality standards of the automotive industry in Europe and the United States and establish a complete quality control system to ensure the reliability and durability of its products.
The financial plan shows that Visionary has made a reasonable capital layout in aspects such as factory construction, equipment procurement, technology research and development, and market promotion, and has made an optimistic outlook on future earnings. In the first year after the project is put into production, the production capacity is expected to reach 100,000 vehicles, and the sales revenue is expected to reach 4 billion US dollars. The subsequent annual sales growth rate is expected to exceed 30%. In the fifth year, it is expected to achieve a revenue of 15 billion US dollars, a net profit of about 1.5-2 billion US dollars, a net profit margin of 10%-15%, an internal rate of return of over 20%, and an investment payback period of about 3-4 years.
Facing risks such as technological iteration and market fluctuations, Visionary said that it will increase investment in research and development, cooperate with universities and scientific research institutions to maintain a leading position in technology; at the same time, it will establish a market dynamic monitoring mechanism, flexibly adjust production plans and marketing strategies, and use financial instruments to lock in raw material costs to ensure the stable development of the enterprise.
Analysts believe that Visionary's active layout in the new energy vehicle field not only conforms to the development trend of the industry but also will bring new performance growth points to Visionary. With the gradual progress of the project, it is expected to increase Visionary's market valuation and bring generous returns to investors. The launch of Visionary's "PEGASUS" new energy vehicle project undoubtedly injects new vitality into the global new energy mobility field and is worthy of market expectation.
For more information, please contact:
Visionary Holdings Inc.
Investor Relations Department
Email: ir@farvision.ca
View original content: https://www.prnewswire.com/news-releases/visionary-enters-the-new-energy-vehicle-field-with-eyes-on-the-global-market-302389479.html
SOURCE Visionary Holdings Inc.
