Thursday, April 25, 2024

Cherry signs deal to sell electric vehicles

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A waste management company headed by Barbadian entrepreneur Anderson Cherry has established a new partnership and Canadian entity, Envirotech Vehicles Inc, led by Phillip Oldridge.

It will see Cherry’s company Joseph Holdings, Inc, a member the Jose Y Jose Group of companies, promoting and selling Envirotech’s products throughout the Caribbean.

That company is said to be a provider of new zero-emission, purpose-built electric vehicles. Based on the factory-authorised representative agreement between the two entities, Joseph Holdings “is required to buy at least one van and one Class 4 or Class 5 truck at commencement of the agreement. The vehicles will initially be used as demonstration vehicles and may also be sold to customers”.

In a joint announcement of the arrangement, Cherry, who chairs Joseph Holdings, stated: “Our partnership with Oldridge and the [Envirotech] team brings with it a viable solution to meeting our desire to be a key contributor to each of the region’s governments’ and agencies’ push to go green, and we are excited to be able to do that.” (SC)

 

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