Jinhua Suncart settles with Textron Specialized Vehicles Inc. and its complaint for infringement of intellectual property related to E-Z-GO® RXV golf-car platform

November 16, 2023

Augusta, Ga. – Jinhua Suncart and three other defendants have settled a legal complaint filed by Textron Specialized Vehicles Inc., a Textron Inc. (NYSE: TXT) company, for infringement of patents related to TSV's E-Z-GO® RXV® golf-car platform.

Under the terms of the agreement, Jinhua Suncart and the other defendants – Vitacci Motorcycles Inc., Cougar International Inc., and TPSP LLC, doing business as Turbo Powersports – will stop sales of all products within the scope of the complaint filed by TSV enforcing patents that protect the unique technology used in the RXV models. The defendants also will stop using E-Z-GO's registered RXV® and TXT® trademarks and remove all online listings that promote the products named in the complaint.

The settlement resolves a complaint filed by TSV in U.S. District Court for the Southern District of Georgia.

"TSV will vigorously defend its intellectual property, which is the direct result of our investment to generate innovation for our products in the golf-car industry and other industries we serve," said TSV General Counsel Rocco Sica. "These companies were investigated for copying technologies developed through a substantial investment of time and money. Our investments enable TSV to bring our products to market and serve the needs of our customers."

"We warn other parties that are copying our innovations that we are watching, and we will take any appropriate actions necessary to protect the innovations which our employees have dedicated their careers to create."

Contact:
Brandon Haddock                              
Director, Communications
706.772.5931
bhaddock@textron.com

About E-Z-GO
Founded in Augusta, Ga. in 1954, E-Z-GO is a globally renowned leader in the design and manufacture of golf cars and personal transport vehicles, known for its innovation in sustainable electric-vehicle and powertrain technology. E-Z-GO models include RXV® and TXT® fleet golf cars; Freedom® and Valor personal golf cars, and E-Z-GO Express™ personal utility vehicles. Its latest innovation is the Liberty™, the industry's first vehicle to offer four forward-facing seats in a compact, golf-car-sized footprint. The employees of Textron Specialized Vehicles are committed to a culture of compliance and reduction of emissions. E-Z-GO became part of Textron Inc. in 1960, and today operates as part of the company's Textron Specialized Vehicles division.

About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. For more information, visit: www.textron.com.

Certain statements in this press release may project revenues or describe strategies, goals, outlooks or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.

Connect with Textron IR

Eric Salander, Vice President, Investor Relations
(401) 457-2288
Cameron Vollmuth, Manager,
Investor Relations (401) 457-2288

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