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大象汽車牽手中通客車 全面進軍新能源客車業務

Elephant Automobile partners with Zhongtong Bus to fully enter the new energy bus business.

PR Newswire ·  Aug 22 16:14

On August 22, 2024, in Mexico City, the global leading innovative new energy commercial vehicle company, ZO Motors Holdings Limited ("ZO Automobiles" or "ZO Motors"), North America company ("ZO North America") officially signed a strategic cooperation memorandum with Zhongtong Bus Holdings Limited ("Zhongtong Bus") in the Mexican capital. Both parties will carry out comprehensive strategic cooperation based on their respective advantages in the research and development, production, manufacturing of new energy commercial vehicles, as well as operation and sales in the North American market.

The two cooperating parties announced that the strategic cooperation based on hydrogen fuel and electric passenger vehicle products will first focus on the markets in the USA and Canada.

"By continuously expanding the product sequence of new energy commercial vehicles through cooperation with world-class leading enterprises in the field, and thereby enhancing the competitiveness of the new energy commercial vehicle business sector, has been an important strategic goal for ZO Motors since its establishment. Zhongtong Bus's products and technologies in the field of new energy passenger vehicles will complement the demand of ZO Motors in this business sector, forming a complete layout of new energy commercial vehicle products from new energy light-duty trucks, medium-duty trucks to new energy passenger vehicles. This cooperation is an important milestone for ZO Motors since its establishment," CEO Joost of ZO Motors said. "ZO Motors will leverage its own strengths in global layout, brand operation, sales, and service to comprehensively land in strategic markets around the world, accelerating the globalization of ZO Motors' products, sales, and operations."

The signing of this strategic cooperation memorandum signifies that ZO Motors is officially entering the new energy passenger vehicle business sector. By combining the previous segments of pure electric and hydrogen fuel light, medium, and heavy-duty trucks, ZO Motors has continued to solidify its global competitive foundation in the field of new energy commercial vehicles, becoming an innovative leading enterprise with great development potential in the new energy commercial vehicle sector.

About ZO Motors by Elephant Automobile

ZO Motors is a global leading innovative new energy commercial vehicle enterprise originating from Japan, and it is a wholly-owned subsidiary of Elephant Future Group, a listed company on the Hong Kong Stock Exchange [stock code 02309]. It is mainly engaged in the research, development, manufacturing, and sales of intelligent new energy commercial vehicles. ZO Motors' commercial vehicles are mainly sold in overseas markets and will continue to enter markets such as Japan, the United States, South America, Southeast Asia, and the Middle East this year.

Official website of ZO Motors by Elephant Automobile

The translation is provided by third-party software.


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