Evelectra Launches EVET Token IEO on P2B Advancing Tokenized Access to Electric Mobility
Beirut, Lebanon, June 23, 2025 —EV Electra, an international electric vehicle manufacturer with operations in Canada, Germany, Italy, Turkey, and China, has officially launched the Initial Exchange Offering (IEO) of its native token EVET on the P2B Exchange. Built on the Ethereum (ERC-20) blockchain, EVET powers a decentralized ecosystem that bridges real-world mobility innovation with blockchain-based user experiences.
As the first electric vehicle company with Arab origins to adopt a tokenized digital framework, EV Electra is setting new standards for user participation in the future of clean transportation.
Blending EV Innovation with Web3 Technology
At the heart of EV Electra’s digital initiative are two complementary blockchain components:
- EVET (ERC-20) — A utility token that enables interaction with EV Electra’s evolving range of digital services and vehicle-related features.
- EVEN NFTs (ERC-721) — Unique digital assets generated through token bundling, designed to unlock ecosystem access and provide users with platform privileges.
Together, EVET and EVEN NFTs serve as foundational tools for building a token-enabled environment that promotes transparency, connectivity, and community-driven engagement.
What EVET Unlocks
Within the EV Electra ecosystem, EVET is designed to support:
- Access to special product releases and early design previews
- Participation in a future governance framework based on community involvement
- Minting of exclusive digital collectibles (EVEN NFTs)
- Eligibility for curated access to events, platforms, and services
- Integration with a user dashboard for ecosystem interaction and updates
These functionalities are structured to encourage meaningful participation and engagement beyond conventional vehicle ownership models.
Reimagining Participation in the EV Era
EV Electra is building a future where blockchain enhances how individuals connect with sustainable mobility. By combining Web3 infrastructure with electric vehicle development, the company fosters an ecosystem where innovation and access evolve together.
“We believe mobility should be open, connected, and shaped by the communities that embrace it,” said Jihad Mohammad, CEO of EV Electra. “The EVET IEO is an invitation to join that journey, not just as an observer, but as a participant in what comes next.”
About EV Electra
Founded in 2017 in Montreal as part of J.M. Investments and now operating independently, EV Electra LTD is a next-generation electric vehicle manufacturer. With a presence across multiple continents, the company is committed to redefining mobility through sustainable technologies and inclusive digital access.
EV Electra adheres to Canadian regulatory standards and actively explores new methods of bridging the automotive and blockchain industries, offering global users a fresh, participatory model for engaging with clean energy innovation.
Media Contact
Organization: EVET
Contact Person: Jihad Mohammad
Website: https://tokens.evelectra.com/
Email: Send Email
Country: Canada
Release Id: 24062529725