Jiuzi Holdings Inc., a new energy vehicles retailer, has entered into an agreement with Chongqing Ruichi Automobile Industry Co., through which Ruichi will supply 500 logistics vehicles to JZXN during the initial term.
The two companies will jointly build a clean, green, safe and efficient industrial production chain that will contribute to the development of the new energy vehicle industry.
In 2020, Ruichi was the top seller of new energy logistics vehicles in China. Currently, JZXN has 31 stores in China, with more than 100 new stores under construction to create a marketing network that covers 34 Chinese cities.
