EZGO Announces Eight New National Standard Models Receiving 3C Certification

JIANGSU, China, Aug. 30, 2021 /PRNewswire/ — EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or "we", "our", or "the Company"), a manufacturer of two- and three-wheeled electric vehicles in China, today announced that the Company's subsidiary Tianjin Dilang Technologies Co., Ltd. ("Tianjin Dilang") has developed eight models under the PRC Safety Technical Specification for Electric Bicycles (GB 17761-2018) ("New National Standard") and received CCC (China Compulsory Certification, also known as "3C") certification.

According to the New National Standard, electric bicycles must obtain 3C certification relating to vehicle safety, mechanical safety, electrical safety, fire resistance, flame retardancy, radio disturbance characteristics, and other features prior to launching on the market. Together with the aforementioned eight new models, EZGO has developed a total of 15 new products since the beginning of 2021.

Management Commentary
Mr. Jianhui Ye, Chief Executive Officer of EZGO, stated, "We are very excited to receive 3C certification for Tianjin Dilang's eight New National Standard models. EZGO has always believed that our investment in research and development of new products and new models will drive our Company's growth. We plan to continue launching new quality products in the future, enhancing our existing product portfolio by including features such as smart entertainment and rapid charging. Given the fierce competition and rapid market development of the EV industry, EZGO will continue to innovate with a goal of providing durable and affordable electric vehicles to our customers."

About EZGO Technologies Ltd.
Leveraging an Internet of Things (IoT) product and service platform and two E-bicycle brands, "Dilang" and "Cenbird", EZGO has established a business model centered on the manufacturing and sale of two- and three-wheeled electric vehicles, complemented by the E-bicycle charging pile business. For additional information, please visit EZGO's website at www.ezgotech.com.cn. Investors can visit the "Investor Relations" section of EZGO's website at www.ezgotech.com.cn/Investor.

Safe Harbor Statement
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the short-distance transportation solutions market in China and the other international markets the Company plans to serve; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

At the Company:
Shawn Wen
Email: [email protected]
Phone: (+86) 13502829216
Investor Relations:
Carolyne Sohn
The Equity Group Inc.
Email: [email protected]
Phone: (415) 568-2255

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