WorldWide Electric and Hyundai Electric End Exclusive U.S. Market Relationship

<p style="text-align: center;"><img src="/ueditor/php/upload/image/20231017/1697518366798067.png" title="1697518366798067.png" alt="2.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">WorldWide Electric announces the end of its exclusive low-voltage electric motor distribution relationship with H.D. Hyundai Electric Co., Ltd. For over 12 years, WorldWide Electric has worked alongside Hyundai to build the H.D. Hyundai Electric low-voltage motor brand presence in the United States. Both parties have mutually decided to end the relationship&#39;s exclusivity but continue to collectively promote the sales of high-quality, low-voltage electric motors in the United States as non-exclusive partners.</span></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">Worldwide Electric maintains a sturdy distribution network comprising seven U.S. warehouses with over $80 million of inventory. The company focuses on providing quality products, a large selection of in-stock inventory, and fast shipping, all backed by customer support.</span></p><p><br/></p>