OUR RECENT DEVELOPMENT MILESTONES
The Wolf Plus Electric Truck development was first previewed in February 2023. Alpha delivered its promise and the company’s ability to execute has generated great momentum forward.
Alpha showcased significant achievements in electric vehicle development throughout the firs quarter of 2023 and our unwavering commitment to efficient automobile production at the 2023 Seoul Mobility Show. These milestones underscore our company's expertise, execution capabilities, and dedication to delivering exceptional vehicles that prioritize speed, efficiency, and sustainability.
Success of the Wolf Plus Electric Truck: In February 2023, Alpha provided a highly anticipated preview of the groundbreaking Wolf Plus Electric Truck. Today, we proudly announce that we have surpassed expectations by delivering on our promise. By March 2023, we successfully completed the development of the Wolf Plus Electric Truck and showcased it to an audience of over 500,000 at the prestigious 2023 Seoul Mobility Show. This remarkable achievement reflects our company's experience, meticulous execution, and unique approach to vehicle production.
Prototype Development and Streamlined Manufacturing Process: The development of the Wolf Plus Electric Truck prototype marks a pivotal stage in our vehicle production process. It demonstrates the feasibility and readiness for subsequent phases of production development, ultimately leading to mass manufacturing. At Alpha, we have devised our proprietary efficient vehicle production system, which we extensively discussed during our February Campaign Updates. This system integrates digital automobile creation and precision manufacturing, enabling us to maintain a streamlined and efficient process throughout production development.
Advancements in Driving Test Vehicle Development: In addition to the Wolf Plus Electric Truck, Alpha is making substantial progress in the development of the Wolf driving test vehicle, slated for completion by mid-year. This driving test vehicle represents a significant leap forward as it incorporates power components to optimize performance and serves as a crucial milestone towards achieving mass production. By designing it with repeat manufacturing in mind, we have achieved remarkable efficiency in reproducing test vehicles of the Wolf Electric Truck. This invaluable insight guides us in the development of our entire vehicle lineup, ensuring a consistent and original methodology for production.
Proactive Development Approach: At Alpha, we firmly believe in a proactive development approach that harmonizes different stages of production to effectively manage expectations and control outcomes. Our dedication extends beyond green mobility technology to encompass efficient automobile production. We continually strive to enhance value generation and increase the accessibility of our electric vehicles.
Alpha’s noteworthy achievements in electric vehicle development and efficient automobile production demonstrate our company's expertise, execution capabilities, and unwavering commitment to delivering exceptional vehicles. Our proactive development approach ensures that our vehicles are not only environmentally sustainable but also highly efficient in terms of production. We look forward to our continued progress and success in the future.
