Published on 10 Oct 2022 on Benzinga via Yahoo Finance
Jiuzi Unveils Its First Custom-Made Electric MPV By Dongfeng Fengon
New energy vehicle (NEV) dealership group Jiuzi Holdings Inc (NASDAQ: JZXN) subsidiary Jiuyao is launching its first electric Multi-Purpose Vehicle (MPV) customized by Dongfeng Fengon, a sub-brand of Dongfeng Sokon Motor Co Ltd (DFSK Motor).Jiuyao MPV will be custom-made based on Dongfeng Fengon's MPV model Fengon 380 to cater to customers buying vehicles for household and business uses.The customized version is expected to have bigger and more flexible space as all passenger seats can be folded flat.Shuibo Zhang, CEO of Jiuzi, said, "We are confident that our Jiuyao MPV will be one of the best cost-performance electric MPVs in the market with a price range from RMB100,000 to RMB 200,000. We expect to enter into a purchase agreement with DFSK Motor in November 2022 if we receive substantial amount of pre-orders."Also Read: Jiuzi Plans To Debut Customized Micro Electric Passenger CarsPrice Action: JZXN shares are trading higher by 4.27% at $0.2490 on the last check Monday.
See more from Benzinga