Chinese electric logistic vehicle maker Neomor signs agreement to deepen presence in Thai market

Published: Aug 14, 2024 18:50
Source: gasgoo
On Aug. 13, Neomor, a Chinese electric logistic vehicle manufacturer, reached a significant strategic partnership agreement with a key partner to deepen its market presence in Thailand, according to a...

Shanghai (Gasgoo)- On Aug. 13, Neomor, a Chinese electric logistic vehicle manufacturer, reached a significant strategic partnership agreement with the key partner, Rundi (Thailand) Co., Ltd., to deepen its market presence in Thailand, according to a post on Neomor's WeChat account.

As part of this cooperation, the two parties signed a procurement agreement for 10,000 vehicles. Together, they aim to vertically integrate the new energy logistics vehicle industry chain and value chain in the Thai market, creating a comprehensive zero-emission logistics solution.

This development follows Neomor's successful opening of its first store in Thailand in June of this year and represents a major breakthrough in the company's expansion efforts in the country. It signals the beginning of a new phase of mass delivery and operation in the Thai market, said the automaker.

Thailand, a key economic hub in Southeast Asia, has a transport system that plays a crucial role in supporting trade. The country's urban roads are narrow, traffic congestion is severe, and the climate is often rainy and hot. Currently, two-wheeled vehicles dominate last-mile delivery there, but they are unsafe, uncomfortable, and inefficient. Neomor said its D01 model, with a turning radius of approximately four meters, can navigate Thailand's narrow streets with ease. It is a fully compliant new energy vehicle, insurable, and equipped with air conditioning for a safe and comfortable driving experience. The D01 offers various types, including van, flatbed, and panel truck options, with a cargo space of 2.5 cubic meters to meet all last-mile delivery needs. The vehicle also comes equipped with a 220V home charging gun and boasts an operational cost as low as three cents per kilometer, making it well-suited to Thailand's complex and varied road conditions and diverse transport demands.

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Chinese electric logistic vehicle maker Neomor signs agreement to deepen presence in Thai market - Shanghai Metals Market (SMM)