#United States #Vietnam #electric vehicles #Massimo Group #Garland

Massimo Group Expands International Production Capacity

Massimo Group, known for its manufacturing prowess in powersports vehicles, has just announced a significant step in its global strategy. The company has entered into a partnership in Vietnam to commence the production of its brand-new 2026 MVR Golf Cart and MVR Cargo Max Electric Utility Cart. By leveraging international manufacturing capabilities, Massimo Group aims to fortify its supply chain while enhancing its production flexibility and capacity to meet the increasing demand for electric vehicles.

A Strategic Move for Growth

David Shan, the Chief Executive Officer of Massimo Group, stated that this collaboration marks a pivotal point in the company’s evolution. The partnership not only aids in improving operational efficiency and reducing costs, but it also amplifies the company's capacity to cater to the surging needs of both recreational and utility markets around the globe. The strategic location in Vietnam is expected to enhance Massimo’s output while ensuring the quality standards expected by dealers and end customers.

Introduction of Advanced Lithium-Ion Technology

Coinciding with their production expansion strategy, Massimo Group is excited to unveil new Lithium-Ion battery options for its MVR Series electric carts. The new Lithium-Ion battery, with specifications of 48V and 105Ah, offers several benefits over traditional lead-acid batteries. Some of these advantages include:

• - Significantly reduced weight that enhances the range and handling of the carts.
• - Faster charging capabilities and an extended cycle life, reportedly exceeding 5,000 charge cycles.
• - Built-in battery management systems to ensure safety and efficiency.
• - Maintenance-free and eco-friendly operation, answering the need for sustainable options.

Chief Executive Shan emphasized that the introduction of lithium power across the MVR lineup is a direct response to the positive feedback from both dealers and customers, making it possible for Massimo's products to remain competitive and efficient in a rapidly evolving electric mobility market.

Positioned for Continued Growth and Value Creation

The expansion into Vietnam and the adoption of new advanced battery solutions are anticipated to bolster Massimo's gross margin performance while streamlining logistics for a more scalable growth model internationally. This endeavor is part of a broader strategy wherein the company aims to form global manufacturing partnerships as it develops innovative electric mobility solutions.

About Massimo Group

Headquartered in Garland, Texas, Massimo Group is a recognized leader in the manufacturing and distribution of powersports vehicles and electric utility vehicles. Their expansive product lineup includes UTVs, ATVs, e-bikes, and various electric vehicles tailored for performance and reliability. By adding international manufacturing partnerships, Massimo Group is creating a robust foundation for long-term growth within the global electric mobility landscape.

In conclusion, this development represents Massimo’s ambitious approach to not just keeping pace with industry demands, but also setting trends in electric mobility capabilities. As they evolve with new technologies and increase their production capacity, the future looks promising for Massimo and their innovative electric vehicle solutions.