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SCOTTSDALE, ARIZONA / ACCESS Newswire / February 26, 2025 / RONN Inc. (OTC:RONN) today released comprehensive updates on hydrogen refueling infrastructure status globally reaffirming its commitment to innovative zero-emission vehicle solutions. The Company also shared details on its modular vehicle platform strategy and mid-mile delivery truck program, highlighting how RONN's approach could redefine the commercial fleet space and pave the way for broader hydrogen adoption. These plans are all coming with a proper go to market strategy that is going to properly put hydrogen in play for 2025.

Modular Platform & Cost-Efficient Design

Traditional automobile manufacturing requires a distinct chassis for each model. RONN, however, plans to utilize a simplified modular chassis-adapting only the inner structures to support the body of each vehicle. By doing so, RONN aims to:

• Lower Manufacturing Costs: A universal chassis limits design complexity and enables rapid adaptation of new technologies.

• Accelerate Time to Market: Reducing chassis variability streamlines production and engineering cycles, allowing faster deployment of future models.

• Enhance Capital Efficiency: A common parts structure can help mitigate upfront costs and focus resources on innovation, rather than on retooling multiple assembly lines.

Medium-Duty (Mid-Mile) Truck Focus

RONN plans to introduce medium-duty truck prototypes in both Canada and the United States by early 2026. This sector, which includes Class 3 to Class 6 trucks, has remained relatively underserved in the global alternative-fuel vehicle market. The Company's strategy for entering the mid-mile delivery and commercial fleet space includes:

• B2B Market Emphasis: Targeting fleet operators that can centralize refueling and reduce infrastructure demands.

• Long-Term Growth Potential: With last-mile and mid-mile delivery fleets rapidly transitioning to alternative energy, RONN sees significant opportunity to penetrate a market that McKinsey projects will expand exponentially.

• Scalable Infrastructure: By focusing first on medium-duty trucks, RONN intends to address challenges like limited hydrogen refueling networks before eventually expanding into larger Class 7 and 8 vehicles.

Asset-Light Manufacturing Strategy

To minimize upfront capital expenditures and operational risk, RONN plans to outsource vehicle production to a contract manufacturer while retaining control over the modular chassis design. This approach:

• Reduces Fixed Costs: Lowers the burden of owning and operating a full-scale assembly facility.

• Provides Flexibility: Enables RONN to scale up or down according to market demand, aided by AI-driven demand forecasting.

• Maximizes Resources: Directs more investment toward R&D and infrastructure, rather than on maintaining large, specialized production plants.