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.