Chaowei Group expands NEVs business to Thailand, Southeast Asia

Published: Sep 30, 2018 10:29

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The move is linked to China's Belt and Road Initiative that aims to improve regional cooperation and connectivity

SHANGHAI, Sep 30 (SMM) – Chaowei Group decided to expand its new energy vehicles (NEVs) market to Thailand and Southeast Asia as it signed a strategic cooperation agreement with Thailand-China business and barter trade association in the recent week.

The two parties will cooperate in NEVs-related areas of entire vehicles and spare parts sales, charging pile investment and operation, after-sales service, and integration of the entire industrial chain.

The move is linked to China's Belt and Road Initiative that aims to improve regional cooperation and connectivity, SMM learned.

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