GENERAL TERMS AND CONDITIONS FOR “MIA” ELECTRIC VEHICLE – RESERVATIONS
RIGHT OF CANCELLATION
Fox Automotive Switzerland AG
St. Gallerstrasse 49
9100 Herisau Switzerland
Fox Automotive Switzerland AG and Phoenix Gold Resources Corp. have provided an update referring to the latest developments and preparation for production and sale of MIA EV 2.0 in Hungary and across Europe. Fox reports that over the course of the third quarter of 2019, Fox has founded the fully owned Hungarian subsidiary called Fox Automotive Hungary Zrt. The Hungarian subsidiary is headed by Ekkehard Philipp as chief executive officer. Mr. Philipp was, until 2017, managing director and chief financial officer of Mercedes-Benz Manufacturing Hungary, and built up its Hungarian manufacturing plant under his leadership and direction. This Mercedes plant started from greenfield and now produces 200,000 vehicles annually.
The manufacturing site of the new MIA production plant is located in the western part of Hungary and in the logistically favourable triangle of Austria-Slovakia-Croatia. Read More here –>